New Hampshire Authorization to purchase corporation's outstanding common stock

State:
Multi-State
Control #:
US-CC-4-105
Format:
Word; 
Rich Text
Instant download

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This is a multi-state form covering the subject matter of the title.
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FAQ

Some jurisdictions?the District of Columbia, Louisiana, New Hampshire, New York City, Tennessee, and Texas?do not recognize the federal S corporation election and, for the most part, tax S corporations like other business corporations.

New Hampshire also has a 7.50 percent corporate income tax rate. New Hampshire does not have a state sales tax and does not levy local sales taxes. New Hampshire's tax system ranks 6th overall on our 2023 State Business Tax Climate Index.

For federal tax purposes, a corporation must file Form 2553, Election by a Small Business Corporation, to gain S corporation status. Most states follow the federal government in recognizing the S election. However, Arkansas, New Jersey and New York require a separate state S election.

Top 3 states for forming an S corporation Delaware. Many big Fortune 500 companies are incorporated in Delaware even though their headquarters are located in other states. ... Nevada. Nevada is considered a business-friendly state. ... Wyoming. ... South Dakota. ... Alaska. ... Florida. ... New Jersey. ... California.

How to Incorporate in New Hampshire. To start a corporation in New Hampshire, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Corporation Division. You can file this document online or by mail. The articles cost $100 to file.

You can still have an S corporation in New Hampshire. The S corporation will only be an S corporation for federal tax purposes and not for state tax purposes. For state purposes, the corporation will be treated as a regular C corporation.

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New Hampshire Authorization to purchase corporation's outstanding common stock