83-F:1 Definitions. – In this chapter: I. "Commissioner" means the commissioner of the department of revenue administration. II. "Department" means the department of revenue administration. III. "Taxable period" means the period beginning April 1, and ending March 31 of the following year. IV. "Utility" means any person, partnership, limited liability company, association, corporation, or […]
83-F:2 Tax Imposed. – For taxable periods beginning April 1, 1999, a tax is imposed upon the value of utility property at the rate of $6.60 on each $1000 of such value, to be assessed annually as of April 1, and every year thereafter, and paid in accordance with this chapter. Source. 1999, 17:35, […]
83-F:3 Determination of Value. – On or before December 1 of the tax year, the commissioner shall determine the market value of utility property for the purposes of this chapter by utilizing generally accepted appraisal methods and techniques. Market value means the property’s full and true value as defined under RSA 75:1. In the […]
83-F:4 Persons Liable. – The tax imposed by this chapter shall be assessed upon each utility owning or possessing utility property. If an owner of utility property has filed an election pursuant to RSA 83-F:5, II, the tax imposed by this chapter shall be assessed upon each person with an ownership interest in utility […]
83-F:5 Payment Forms. – I. On or before January 15 each year, each utility or person liable for the tax shall file with the commissioner of revenue administration, on a form prescribed by the commissioner, a payment form based on the valuation for April 1 of the prior year. The payment form shall be […]
83-F:6 Records. – I. Every person or utility liable for tax under RSA 83-F:4 shall: (a) Keep such records as may be necessary to determine the amount of such person’s liability under this chapter. (b) Preserve such records for the period of at least 3 years or until any litigation or prosecution under this […]
83-F:7 Administration. – I. The commissioner shall collect the taxes, interest, additions to tax and penalties imposed under this chapter and shall pay over to the state treasurer for deposit in the education trust fund established by RSA 198:39 the amount of the funds collected. II. The commissioner is authorized to contract for the […]
83-F:8 Appeals. – Utility property taxpayers aggrieved by the determination by the commissioner of the value of utility property pursuant to RSA 83-F:3 and the assessment of the tax imposed under this chapter may appeal such valuations and assessments according to the procedure and subject to the time limits provided for other taxes administered […]
83-F:9 Exemption From Education Tax. – Persons and property subject to taxation under this chapter shall not be subject to tax under RSA 76:3; provided, however, that nothing in this chapter shall be construed to exempt such persons or property from local school, municipal, district, or county taxation under RSA 76. Source. 1999, 17:35; […]
