N.H. Code Admin. R. Rev 702.14
Meals with Purchased Coupons, Gift Certificates, and Meal Tickets
Effective Oct 29, 2024#5399, eff 5-21-92; ss by #5912, eff 10-14-94; ss and moved by #6750, eff 5-19-98 (from Rev 702.02); ss by #8653, eff 6-8-06 (formerly Rev 702.11); ss by #10714, eff 11-7-14 (from Rev 702.17); ss by #14105, eff 10-29-24, EXPIRES: 10-29-34 (formerly Rev 702.12)Department of Revenue Administration
- (a) Coupons, gift certificates, or other documents purchased for the purpose of future redemption for value shall not be taxable when purchased.
(b) When purchased coupons or gift certificates are redeemed:
- (1) The portion of the charge attributable to taxable meals shall be taxable to the customer; and
- (2) The tax shall be applied on a basis equivalent to sales made with traditional payment methods without regard to the original purchase price of the coupon, gift certificate, or other document.
- (c) If the taxable meal has no stated value, such as, but not limited to, a meal ticket sold for redemption of a fixed number of cafeteria-style dinners, the meal ticket, or other document shall be taxed at the time of purchase for the actual amount paid for the ticket.
Source. #5399, eff 5-21-92; ss by #5912, eff 10-14-94; ss and moved by #6750, eff 5-19-98 (from Rev 702.02); ss by #8653, eff 6-8-06 (formerly Rev 702.11); ss by #10714, eff 11-7-14 (from Rev 702.17); ss by #14105, eff 10-29-24, EXPIRES: 10-29-34 (formerly Rev 702.12)