The Hawaii Department of Taxation explains the recently enacted thresholds for businesses to be subject to general excise tax. As previously reported, the thresholds were enacted by Act 41 (S.B. 2514), Laws 2018. (TAXDAY, 2018/06/15, S.5) The thresholds are effective July 1, 2018, and applicable to taxable years beginning after 2017. Thresholds Clarify “In the […]
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