Finance
New Hampshire has no state sales tax, which affects real estate transactions in that:
AReal estate commissions are exempt from any taxation
BBuilding materials for new construction are generally purchased without state sales tax, potentially reducing construction costs✓ Correct
CAll real estate services are taxed at the federal rate only
DProperty taxes are replaced by a sales tax on services
Explanation
New Hampshire has no general state sales tax. This means building materials purchased in NH for construction projects are not subject to state sales tax, which can reduce construction costs compared to neighboring states.
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