First Financial Group of New Hampshire, Inc. v. State

This case primarily involves the business profits tax law, RSA ch. 77-A. The plaintiff, First Financial Group of New Hampshire, Inc., filed tax returns for three separate fiscal periods with the State Tax Commission. Certain deductions taken by the plaintiff were disallowed by the commission and the plaintiff appealed to the superior court pursuant to RSA 77-A.-14. Both parties filed motions for summary judgment. The Trial Court (Wyman, J.) transferred, without ruling, the following questions of law raised by the motions:

1. Does RSA 77-A:4 V limit the amount of deductions that a parent…