§ Rev 903.02

N.H. Code Admin. R. Rev 903.02

Mutual Fund Dividends

Effective Aug 12, 2022#4557, eff 12-28-88; ss by #5947, eff 12-29-94; ss by #6321, eff 8-22-96; ss by #8137, eff 8-10-04; ss by #10211, eff 10-24-12; ss by #13443, eff 8-12-22Department of Revenue Administration

The automatic reinvestment of mutual fund dividends shall:

(a) Not be considered a stock dividend; and
(b) Be fully taxable in the year credited to the shareholder's account.

Source. #4557, eff 12-28-88; ss by #5947, eff 12-29-94; ss by #6321, eff 8-22-96; ss by #8137, eff 8-10-04; ss by #10211, eff 10-24-12; ss by #13443, eff 8-12-22