EagleTribune.com, North Andover, MA

New Hampshire

May 17, 2013

N.H. restaurant industry fights business tax

Change of state's calculations would include compensation paid in tips to their employees


She said it will increase her tax payment from $2,600 to $3,600.

“It’s definitely going to affect us and the bottom line,” Tuerck said yesterday. “For a small business like ours, it’s going to hurt.”

Another concerned restaurateur is Tom Boucher — owner of eight restaurants, including the T-Bones chain. T-Bones has restaurants in Derry and Salem.

Boucher said the change won’t affect his restaurants as much as many smaller businesses. But it’s certainly been a topic of discussion throughout the industry, he said.

“It’s a very contentious issue among all the restaurants,” Boucher said. “Most restaurants operate on pennies on a dollar as far as profit margins. This is going to hit them very hard.”

Boucher said the state is looking to boost its coffers at the expense of New Hampshire restaurants.

“Obviously, the state is looking for revenue and this is a way they are looking to get it,” he said.

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