Governor Josh Green, M.D., today signed two major pieces of legislation, House Bill (HB) 2404 and Senate Bill (SB) 1035, into law. HB 2404 provides significant tax relief to Hawaiʻi’s working families. The largest income tax cut for working families … Read More
Each year, thousands of bills are introduced in the House and the Senate. It’s typical for the same bill to be introduced in both houses, in which case they get two different bill numbers, one for each. Bills then proceed … Read More
Each year, thousands of bills are introduced in the House and the Senate. It’s typical for the same bill to be introduced in both houses, in which case they get two different bill numbers, one for each. Bills then proceed … Read More
Act 50, Session Laws of Hawaii 2023, introduced an election for partnerships and S corporations. By making the election, state tax is paid at the entity level rather than by the shareholders or owners, so as to get around the … Read More
The case itself is a dispute over the legality of establishing the real property tax classifications “Timeshare” versus “Hotel and Resort.” That is not the issue on which our amicus brief was filed. In a separate order, the Court called … Read More
Tax Foundation President Tom Yamachika attended the Bill Signing Ceremony for Act 163 (House Bill 954 HD2 SD2 CD1) at the Governor’s Office on June 30, 2023.
Once in a while we invite our members to check out relevant scholarship authored by nonprofits. Here is one worth the read: “Transforming the Internal Revenue Service” by Joseph Bishop-Henchman (who used to lead the state tax side of the … Read More
Each year, thousands of bills are introduced in the House and the Senate. It’s typical for the same bill to be introduced in both houses, in which case they get two different bill numbers, one for each. Bills then proceed … Read More