Opinion of the Justices

*641The following answers are returned to the Honorable House of Representatives:

The undersigned justices of the Supreme Court submit the following reply to the questions presented in your resolution adopted April 13, 1989, and filed with this court on April 14, 1989. Interested parties were permitted to file memoranda with the court until May 1, 1989.

The New Hampshire “business profits tax,” codified at RSA chapter 77-A, is imposed on the “taxable business profits” of business organizations. These profits are “gross business profits” adjusted by certain additions and deductions, and then further…