POPULATION: 1,323,459 (2013)
LABOR FORCE: 755,360 (July 2014)
RIGHT TO WORK: No
TRADITIONAL INDUSTRIES: Industrial and commercial machinery, electronic and electrical equipment, fabricated metal products, subcontracting manufacturing
EXPANDING INDUSTRIES: Computer support, health services, business services, educational services, aerospace, software development, biotechnology, medical device manufacturing, financial and insurance
COLLEGE GRADUATES: (Age 25 and over) 33.4% (2008–2012)
BASIC BUSINESS TAXES:
Corporate Income Tax: 8.5 percent of net business profits allocable to the state; no personal income tax Incorporation Fees: $35 recording fee for articles of incorporation; fee for filing articles of incorporation is $100; $35 fee for addendum to articles of incorporation
Local Property Tax: Based on assessed valuation, and assessed, levied, and collected by municipalities; no property tax on inventory, machinery, or equipment
State Education Tax: $2.14 to $4.00 per $1,000 of total equalized valuation assessed on property owners and collected by municipalities (2014)
Telecommunications Tax: 7 percent
Machinery Tax: None
Inventory Tax: None
Estate Tax: None
Capital Gains Tax: None
Real Estate Transfer Tax: 0.75 percent per $100 of price
Rooms & Meals Tax: 9 percent
Business Enterprise Tax: 0.75 percent on the enterprise value tax base; this is a dollar-for-dollar credit against business profits
BUSINESS INCENTIVES:
Community development block grants/loans
Export financing
Industrial development bonds
Venture Capital Network, Inc.
Foreign-trade zone
Economic Revitalization Zone tax credits
Job creation tax credits for northern N.H.
Low-interest loans for real estate investments
Job Training Grant Program
On-the-job training grants
R&D Tax Credit Program
