Tax Laws in New Hampshire.

New Hampshire imposes no income tax on wages, salaries, or self-employment earnings.

The former 5% interest and dividends tax was phased down and fully repealed effective January 1, 2025, eliminating New Hampshire's last income-type tax on individuals.

7.5% tax on New Hampshire-apportioned taxable business profits. Applies to all business organizations (corporations, partnerships, LLCs, sole proprietorships) with gross receipts over $103,000 (2024).

0.55% tax on the enterprise value tax base (sum of interest, dividends, and compensation paid). Applies to enterprises with receipts over $281,000 or enterprise value base over $281,000 (2024).

New Hampshire is one of only five states without a general sales tax.

8.5% tax on prepared meals, hotel rooms, and short-term motor-vehicle rentals.

1.5% total transfer tax (0.75% paid by each party) on deeds and most real-estate transfers.

Locally assessed and collected. Among the highest effective rates in the U.S. due to absence of state income and sales taxes.