LLC Tax

JLCAR Hearing 2/19/10:
The following audio cuts are soundbytes from the 2/19/10 Joint Legislative Committee on Administrative Rules to adopt the LLC Tax at the State House and aired on the show:
(Note: some portions of the audio has been enhanced in order to hear committee members that we far away from microphone)

Testimony- Dept. of Revenue Administration
Commissioner Kevin Clougherty, Revenue Counsel John Hayes and Audit Division Director Kathleen Sher.

Testimony- Carol McQuire
State Rep. Carol McQuire of Allenstown, Epsom, Pittsfield testified on her own behalf and is concerned about the provision regarding trusts.

Testimony- PhilBlatsos
Former DRA commissioner testifies that there may be no statutory authority to implement a number of these rules and that it goes beyond the intent of the legislature.

Testimony- Tom Thomson
Tom Thomson of Orford was not allowed to present a majority of his testimony.

Testimony- Chris Bolt
Chris Bolt is resident of Dover and real estate attorney talks about his concerns as a business owner.

Testimony- AndySanborn
Andy Sanborn owner of The Draft Sports Bar & Grill testifies on four reasons why the rules should be voted down according JLCAR statutory authority 541A.

Testimony- Robert Landman
Robert Landman owner of H&L Instruments LLC in North Hampton expresses his concerns regarding how unclear the rules are between earned income and a dividend.