TITLE V
TAXATION
CHAPTER 77
TAXATION OF INCOMES
Section 77:7
[RSA 77:7 repealed by 2021, 91:99, II, effective January 1, 2025.]
77:7 Capital Distribution. –
No distribution of capital, whether in liquidation or otherwise, shall be taxable as income, but accumulated profits shall not be regarded as capital.
Source.
1923, 65:4. PL 65:6. RL 78:6.