Income of the following described classes is taxable: I. Interest from bonds, notes, money at interest, and from all debts due the person to be taxed, except interest from notes or bonds of this state and notes or bonds of any political subdivision of this state. II. Dividends, other than stock dividends paid in new stock of the company issuing the same, on shares in all corporations and joint stock companies organized under the laws of any state, territory, or nation. III. Dividends, other than stock dividends or changes in ownership in an entity not evidenced through actual distributions. IV. Dividends, other than that portion of a dividend declared by corporations to be a return of capital and considered by the federal internal revenue service to be such, the exemption of which is permitted by RSA 77:7. V. For each holder of an ownership interest in a qualified investment company as defined in RSA 77-A:1, XXI which is not a qualified investment capital company as defined in RSA 77-A:1, XXIV, which holder is subject to tax under RSA 77, the holder's proportional share of the income, less any income attributable to United States government notes or bonds, of such qualified investment company shall be treated as a dividend; however, notwithstanding any other provision of RSA 77, no actual distribution made to such holder by such qualified investment company shall be taxable under RSA 77. VI. [Repealed.]
Income of the following described classes is taxable: I. Interest from bonds, notes, money at interest, and from all debts due the person to be taxed, except interest from notes or bonds of this state and notes or bonds of any political subdivision of this state. II. Dividends, other than stock dividends paid in new stock of the company issuing the same, on shares in all corporations and joint stock companies organized under the laws of any state, territory, or nation. III. Dividends, other than stock dividends or changes in ownership in an entity not evidenced through actual distributions. IV. Dividends, other than that portion of a dividend declared by corporations to be a return of capital and considered by the federal internal revenue service to be such, the exemption of which is permitted by RSA 77:7. V. For each holder of an ownership interest in a qualified investment company as defined in RSA 77-A:1, XXI which is not a qualified investment capital company as defined in RSA 77-A:1, XXIV, which holder is subject to tax under RSA 77, the holder's proportional share of the income, less any income attributable to United States government notes or bonds, of such qualified investment company shall be treated as a dividend; however, notwithstanding any other provision of RSA 77, no actual distribution made to such holder by such qualified investment company shall be taxable under RSA 77. VI. [Repealed.]
Income of the following described classes is taxable: I. Interest from bonds, notes, money at interest, and from all debts due the person to be taxed, except interest from notes or bonds of this state and notes or bonds of any political subdivision of this state. II. Dividends, other than stock dividends paid in new stock of the company issuing the same, on shares in all corporations and joint stock companies organized under the laws of any state, territory, or nation. III. Dividends, other than stock dividends or changes in ownership in an entity not evidenced through actual distributions. IV. Dividends, other than that portion of a dividend declared by corporations to be a return of capital and considered by the federal internal revenue service to be such, the exemption of which is permitted by RSA 77:7. V. For each holder of an ownership interest in a qualified investment company as defined in RSA 77-A:1, XXI which is not a qualified investment capital company as defined in RSA 77-A:1, XXIV, which holder is subject to tax under RSA 77, the holder's proportional share of the income, less any income attributable to United States government notes or bonds, of such qualified investment company shall be treated as a dividend; however, notwithstanding any other provision of RSA 77, no actual distribution made to such holder by such qualified investment company shall be taxable under RSA 77. VI. [Repealed.]
