New Hampshire Code of Administrative Rules
Rev - Department of Revenue Administration
Chapter Rev 300 - BUSINESS PROFITS TAX
Part Rev 302 - COMPUTATION OF GROSS BUSINESS PROFITS
Section Rev 302.02 - Partnerships
Universal Citation: NH Admin Rules Rev 302.02
Current through Register No. 13, March 27, 2025
(a) Co-owners of property shall be considered partners in a business organization if they conduct business activity with the intent of dividing the profits.
(b) Co-owners of property which is maintained, kept in repair, rented or leased shall not, in and of itself, create a partnership.
#4192, eff 12-23-86; ss by #4438, eff 6-22-88; ss by #5490, eff 10-19-92; ss by #6853, eff 9-23-98; ss by #8709, eff 8-25-06
Disclaimer: These regulations may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
