RSA 77-E:1 Definitions.

In this chapter:
I. "Accumulated revenues and profits" means:
(a) In the case of a corporation, other than a subchapter S corporation, the amount determined to be earnings and profits for federal income tax purposes; or
(b) In the case of all other business enterprises, including subchapter S corporations, the total undistributed revenues of the enterprise from whatever source derived, except that no distribution of capital, whether in liquidation or otherwise, shall be included in the enterprise value tax base.
II. "Business activity" means a transfer of legal or equitable title to or rental of property, whether real, personal or mixed, tangible or intangible, or the performance of services, or a combination thereof, made or engaged in, or caused to be made