#taxation

New laws take effect in the New Year

A new list of laws take effect on Jan. 1, 2026. House Speaker Nadine K. Nakamura shared a list of laws that go into effect in the New Year.

Hawaii Tax Collections Up 12.9% in 2012

Ten months into the current 2012 fiscal year, general fund deposits are up by 12.9% compared with the 2011 fiscal year.

Vacation Rental Bill Revived at the Legislature

Last Thursday, HB 2078 bill requiring non-resident vacation rental owners to hire local property managers was passed by the Senate Tourism Committee.

House Defers Vacation Rental Bill

State lawmakers have deferred the controversial vacation rental bill that would have made it law for out-of-state vacation rental owners to use a local rental managers.

Controversial Vacation Rental Bill Could Pass at Legislature

Two controversial bills, SB 2089 and HB 1705, would require non-resident vacation rental owners to hire local property managers.

General Excise Taxpayers Required to File New Survey

With the suspension of numerous business related tax exemptions and deductions in the last legislative session, the Hawaii Department of Taxation announced yesterday the launch of a survey to monitor the effects of these changes.

State Tax Office Holds Summer Workshop Series

The Hawaii State Department of Taxation is holding a series of workshops in August to educate the public on online tax filing and to review recent 2011 Legislative tax law changes.

Council on Revenue Lowers Forecast Right Before Tsunami

In its March Forecast, the Council on Revenues lowered its projections for tax revenue growth, in fiscal year 2011, from 3.0 percent to 0.5 percent.

IRS Extends 2011 Tax Deadline to April 18; Cautions Taxpayers, Tax Professionals

The Internal Revenue Service recently announced that taxpayers have until April 18 to file their tax returns.

Council on Revenue Forecasts 3%, $43.6M Tax Revenue Growth

The State Council on Revenues yesterday announced an increase in the projection for collective tax revenue growth for fiscal year 2011 from 2% to 3% or $43.6 million.

State Auditor Offers Scathing Criticism of Tax Dept

The Hawaii State Auditor criticized the Hawaii Tax Dept for its lack of planning and fractured management saying that it undermines the State’s tax collection.