New Hampshire Business Tax Calculator

Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in New Hampshire.

πŸ—ΊοΈWhy calculating in this state is different

New Hampshire has no income or sales tax.

State Income Tax
None
Base Sales Tax
None
State Min Wage
$7.25 / hr
Abbreviation
NH
New Hampshire Business

This calculator uses the latest 2026 data for New Hampshire, including the minimum wage of $7.25/hr and the specific lack of a state income tax.

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State Tax RateNone
πŸ“ŠState Details
State Income Tax
None
Base Sales Tax
None
State Min Wage
$7.25/hr
Abbreviation
NH
Net Income
$58,500.00
after taxes in New Hampshire
Gross Income
$75,000.00
Total Tax
$16,500.00
πŸ“ˆKey Metrics
Net Income
$58,500.00
after taxes
State Tax
$0.00
state income tax
Effective Tax Rate
22.0%
total tax burden
ℹ️Summary
Gross Income$75,000.00
Federal Tax$16,500.00
State Tax$0.00
Net Income$58,500.00
❓Frequently Asked Questions

What is the corporate tax rate in New Hampshire?

Corporate tax structures vary. In addition to potential corporate income taxes, businesses in New Hampshire must also consider unemployment insurance taxes, sales tax collection (0%), and local business licenses.

Do LLCs pay tax in New Hampshire?

LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 0% rate. However, New Hampshire may also impose an annual LLC franchise fee.