Section 78-B:12 – Repealed by 1991, 163:43, XXVII, eff. May 27, 1991.
78-B:12 Repealed by 1991, 163:43, XXVII, eff. May 27, 1991. –
Section 78-B:13 – Distribution of Funds.
78-B:13 Distribution of Funds. – I. The commissioner shall determine the additional amounts of revenue produced by an increase of $.25 per $100 in the rate of tax imposed by RSA 78-B:1 for each fiscal year and shall certify such amounts to the state treasurer by October 1 of that year for deposit in […]
Section 78-B:9 – Authority to Audit.
78-B:9 Authority to Audit. – I. The commissioner of the department of revenue administration shall have the power to audit all real estate transfers within this state for purposes of verifying and determining the existence of a sale, granting or transfer of real estate, and for purposes of verifying and determining the amount of […]
Section 78-B:9-a – Procedure for Assessment or Refund of Tax.
78-B:9-a Procedure for Assessment or Refund of Tax. – I. Pursuant to the power granted under RSA 78-B:9, the commissioner may assess and collect additional tax, penalties, or interest imposed under this chapter or RSA 21-J, or refund any overpayment of tax paid under this chapter. II. (a) Upon completion of the assessment and […]
Section 78-B:10 – Declaration of Consideration Required.
78-B:10 Declaration of Consideration Required. – I. A declaration of consideration shall be filed separately by the purchaser, grantee, assignee, or transferee and by the seller, grantor, assignor, or transferor with the department of revenue administration for each transfer of real estate or interest therein. The commissioner of revenue administration shall adopt rules, pursuant […]
Section 78-B:10-a – Repealed by 1999, 17:58, II, eff. April 29, 1999.
78-B:10-a Repealed by 1999, 17:58, II, eff. April 29, 1999. –
Section 78-B:11 – Taxpayer Records.
78-B:11 Taxpayer Records. – Every buyer and seller of real estate shall: I. Keep such records as may be necessary to determine the amount of his liability under this chapter. II. Preserve such records for the period of 3 years or until any litigation or prosecution under this chapter is finally determined. III. Make […]
Section 78-B:1 – Transfer Tax.
78-B:1 Transfer Tax. – I. (a) A tax is imposed upon the sale, granting and transfer of real estate and any interest therein including transfers by operation of law. Each sale, grant and transfer of real estate, and each sale, grant and transfer of an interest in real estate shall be presumed taxable unless […]
Section 78-B:1-a – Definitions.
78-B:1-a Definitions. – In this chapter: I. "Commissioner" means the commissioner of the department of revenue administration. II. "Contractual transfer" means a bargained-for exchange of all transfers of real estate or an interest therein, including but not limited to: (a) From a shareholder to a corporation in which he holds an interest; or (b) […]
Section 78-B:2 – Exceptions.
78-B:2 Exceptions. – The tax imposed by this chapter shall not apply: I. To a transfer of title to the state, a state agency, a county, a city, a town, a school district, or a village district. II. To the United States, or any agency or instrumentality thereof. III. To a mortgage or other […]