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If you live in New Hampshire you benefit from the states lack of personal
income tax and sales tax. Rather, New Hampshire only taxes interest and dividend
income. See an overview of New Hampshire taxes. If you want to incorporate
a business in New Hampshire however you can look forward to the highest corporate
income tax in the country. On the Tax Foundation's Corporate Tax Ranking
New Hampshire is 50. Nevada on the other hand has no personal, dividend,
or interest tax and rates 1 on the same ranking. Nevada could be a much better
option for incorporating a corporation, S corporation or LLC. To help you
decide we've compiled the data below on business costs in Nevada and New
Hampshire:
| |
Nevada |
New Hampshire |
|
State Corporate Income Tax ? |
None |
Various |
Tax Foundation's, Corporate Tax Ranking Index ? |
1 |
50 |
Personal Income Tax ? |
None |
Div. & Int. only |
Tax Foundations, Personal Income Tax Ranking Index |
1 |
9 |
Franchise Tax ? |
|
|
Tax on corp shares ? |
|
|
Gift Tax ? |
|
|
Unitary Tax ? |
|
|
Estate Tax ? |
|
|
Statutory Indemnification of Officers, Directors & Employees ? |
|
|
Charging Order Protection for Corporation ? |
|
|
Charging Order is Creditor's Sole Remedy for LLC or Corporation ? |
|
|
Highest Standard of Corporate Veil Protection ? |
|
|
Series LLC Allowed ? |
|
|
Business Court* |
|
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Glossary of terms
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