New Hampshire Revised Statutes 78-B:9-a – Procedure for Assessment or Refund of Tax
Current as of: 2023 | Check for updates
|
Other versions
I. Pursuant to the power granted under N.H. Rev. Stat. § 78-B:9, the commissioner may assess and collect additional tax, penalties, or interest imposed under this chapter or RSA 21-J, or refund any overpayment of tax paid under this chapter.
II. (a) Upon completion of the assessment and collection of additional tax, the commissioner shall issue to the register of deeds of the county in which the real estate is located notice of the additional tax collected. Such notice shall indicate the following:
(1) The names of the grantor and grantee.
(2) The book and page number of the deed to which the additional tax relates.
(3) The amount of the tax originally paid.
(4) The amount of the additional tax collected.
(5) The location of the property.
(b) Upon receipt of the notice of additional tax collected, the register of deeds shall:
(1) Attach to the notice indicia reflecting the amount of the additional tax collected; and
(2) Record the notice with the indicia of tax paid with no additional charge to the state.
III. (a) Upon completion of the refund of tax the commissioner shall issue to the register of deeds of the county in which the real estate is located notice of the refund of tax issued. Such notice shall indicate the following:
(1) The names of the grantor and grantee.
(2) The book and page number of the deed to which the refund or credit of tax relates.
(3) The amount of the tax originally paid.
(4) The amount of the refund of tax issued.
(5) The location of the property.
(b) Upon receipt of the notice of refund, the register of deeds shall record the notice.
IV. At the same time the notice of additional tax is forwarded to the register of deeds pursuant to paragraph II, the commissioner shall certify to the state treasurer the amount of 4 percent of the additional tax assessed and collected, such amount to be paid within one month of the certification to the register of deeds. The amount paid to the register of deeds hereunder shall constitute the total payment for services related to the affixing of indicia of tax paid and recording of the notice of additional taxes required by subparagraph II(b).
V. On or before the end of the month following the month in which the commissioner forwards a notice of refund pursuant to paragraph III, the register of deeds shall add to said month’s remission of taxes collected required by N.H. Rev. Stat. § 78-B:4, II, the amount of 4 percent of the tax refunded.
II. (a) Upon completion of the assessment and collection of additional tax, the commissioner shall issue to the register of deeds of the county in which the real estate is located notice of the additional tax collected. Such notice shall indicate the following:
Terms Used In New Hampshire Revised Statutes 78-B:9-a
- Deed: The legal instrument used to transfer title in real property from one person to another.
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
- Grantor: The person who establishes a trust and places property into it.
- month: shall mean a calendar month, and the word "year" a calendar year, unless otherwise expressed; and the word "year" shall be equivalent to the expression "year of our Lord. See New Hampshire Revised Statutes 21:8
- real estate: shall include lands, tenements, and hereditaments, and all rights thereto and interests therein. See New Hampshire Revised Statutes 21:21
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
(1) The names of the grantor and grantee.
(2) The book and page number of the deed to which the additional tax relates.
(3) The amount of the tax originally paid.
(4) The amount of the additional tax collected.
(5) The location of the property.
(b) Upon receipt of the notice of additional tax collected, the register of deeds shall:
(1) Attach to the notice indicia reflecting the amount of the additional tax collected; and
(2) Record the notice with the indicia of tax paid with no additional charge to the state.
III. (a) Upon completion of the refund of tax the commissioner shall issue to the register of deeds of the county in which the real estate is located notice of the refund of tax issued. Such notice shall indicate the following:
(1) The names of the grantor and grantee.
(2) The book and page number of the deed to which the refund or credit of tax relates.
(3) The amount of the tax originally paid.
(4) The amount of the refund of tax issued.
(5) The location of the property.
(b) Upon receipt of the notice of refund, the register of deeds shall record the notice.
IV. At the same time the notice of additional tax is forwarded to the register of deeds pursuant to paragraph II, the commissioner shall certify to the state treasurer the amount of 4 percent of the additional tax assessed and collected, such amount to be paid within one month of the certification to the register of deeds. The amount paid to the register of deeds hereunder shall constitute the total payment for services related to the affixing of indicia of tax paid and recording of the notice of additional taxes required by subparagraph II(b).
V. On or before the end of the month following the month in which the commissioner forwards a notice of refund pursuant to paragraph III, the register of deeds shall add to said month’s remission of taxes collected required by N.H. Rev. Stat. § 78-B:4, II, the amount of 4 percent of the tax refunded.