New Hampshire Accelerates Date on Repeal of Interest and Dividends Tax - July 28, 2023
New Hampshire recently enacted legislation that phases out the Interest & Dividends Tax (I&D Tax) starting at 4% for taxable periods ending on or after December 31, 2023, 3% for taxable periods ending on or after December 31, 2024, 2% for taxable periods ending on or after December 31, 2025 and 1% for taxable periods ending on or after December 31, 2026. The I&D Tax is then repealed for taxable periods beginning after December 31, 2026.