June 2, 2009
NH Business Review
BAE Systems, the largest manufacturing employer in the state, also has one of the state’s biggest business enterprise tax bills, roughly $4 million a year.
But BAE hasn’t had to pay much of it, maybe even all of it, because it has been able to count its BET total as a credit against its business profits tax bill. The credit, however, would be suspended if the Senate Finance Committee has its way, and perhaps ended for good, if the suspicions of some in the business community are realized.