CHAPTER 235

INCOME TAX LAW

 

         Part I.  General Provisions

Section

     235-1 Definitions

     235-2 Same; "Internal Revenue Code"

   235-2.1 Internal Revenue Code, further amendments adopted

   235-2.2 Internal Revenue Code, further amendments adopted

   235-2.3 Conformance to the federal Internal Revenue Code;

           general application

   235-2.4 Operation of certain Internal Revenue Code

           provisions; sections 63 to 530

  235-2.45 Operation of certain Internal Revenue Code

           provisions; sections 641 to 7518

   235-2.5 Administration, adoption, and interrelationship of

           Internal Revenue Code and Public Laws with this

           chapter

     235-3 Legislative intent, how Internal Revenue Code shall

           apply, in general

     235-4 Income taxes by the State; residents, nonresidents,

           corporations, estates, and trusts

   235-4.3 Repealed

   235-4.5 Taxation of trusts, beneficiaries; credit

     235-5 Allocation of income of persons not taxable upon

           entire income

   235-5.5 Individual housing accounts

   235-5.6 Individual development account contribution

           tax credit

     235-6 Foreign manufacturing corporation; warehousing of

           products

     235-7 Other provisions as to gross income, adjusted gross

           income, and taxable income

   235-7.3 Royalties derived from patents, copyrights, or

           trade secrets excluded from gross income

   235-7.5 Certain unearned income of minor children taxed as if

           parent's income

     235-8 Repealed

     235-9 Exemptions; generally

   235-9.5 Stock options from qualified high technology

           businesses excluded from taxation

   235-10, 11 Repealed

    235-12 Energy conservation; income tax credit

  235-12.2 Repealed

  235-12.5 Renewable energy technologies; income tax credit

    235-13 Sales of residential land to lessees; involuntary

           conversion

    235-15 Tax credits to promote the purchase of child

           passenger restraint systems

    235-16 Repealed

    235-17 Motion picture, digital media, and film production

           income tax credit

    235-18 Deposit beverage container deposit exemption

    235-19 Exceptional trees; tax deduction

    235-20 Comfort letters; authority to assess fees; established

  235-20.5 Tax administration special fund; established

 

         Part II.  Uniform Division of Income for Tax Purposes

    235-21 Definitions

    235-22 Taxpayers affected

    235-23 Taxable in another state

    235-24 Specified nonbusiness income

    235-25 Rents; royalties

    235-26 Allocation of capital gains and losses

    235-27 Allocation of interest and dividends

    235-28 Allocation of patent and copyright royalties

    235-29 Apportionment of business income; percentage

    235-30 Apportionment; property factor

    235-31 Apportionment; property factor; owned and used

           property

    235-32 Apportionment; property factor; average value

    235-33 Apportionment; payroll factor

    235-34 Compensation; where paid

    235-35 Apportionment; sales factor

    235-36 Apportionment; sales factor; tangible personalty

    235-37 Apportionment; sales factor; nontangible personalty

    235-38 Equitable adjustment of formula

  235-38.5 Application

    235-39 Citation of part

 

         Part III.  Individual Income Tax

    235-51 Tax imposed on individuals; rates

    235-52 Tax in case of joint return or return of surviving

           spouse

    235-53 Tax tables for individuals

    235-54 Exemptions

    235-55 Tax credits for resident taxpayers

  235-55.5 Repealed

  235-55.6 Expenses for household and dependent care services

           necessary for gainful employment

  235-55.7 Income tax credit for low-income household renters

  235-55.8 Repealed

 235-55.85 Low-income refundable tax credit

  235-55.9 Repealed

 235-55.91 Credit for employment of vocational rehabilitation

           referrals

    235-56 to 58.2 Repealed

    235-59 Decedents

    235-60 Repealed

 

         Withholding and Collection of Tax at Source

    235-61 Withholding of tax on wages

    235-62 Return and payment of withheld taxes

    235-63 Statements to employees

    235-64 Taxes withheld by employer held in trust; employer's

           liability

    235-65 Repealed

    235-66 Further withholdings at source; crediting of withheld

           taxes

    235-67 Indemnity of withholder

    235-68 Withholding of tax on the disposition of real

           property by nonresident persons

    235-69 Voluntary deduction and withholding of state income

           tax from unemployment compensation

 

         Part IV.  Corporation Income Tax

    235-71 Tax on corporations; rates; credit of shareholder of

           regulated investment company

  235-71.5 Alternative tax for corporations

    235-72 Corporations carrying on business in partnership

 

         Part V.  Election by Small Business Corporation

    235-81 to 89 Repealed

 

         Part VI.  Returns and Payments; Administration

    235-91 Repealed

    235-92 Returns, who shall make

    235-93 Joint returns

  235-93.5 Repealed

    235-94 Returns by agent, guardian, etc.; liability of

           fiduciaries

  235-94.5 Repealed

    235-95 Partnership returns

    235-96 Returns by persons making payments

  235-96.5 Returns relating to unemployment

    235-97 Estimates; tax payments; returns

    235-98 Returns; form, verification and authentication, time

           of filing

    235-99 Same; place for filing

   235-100 Persons in military service

 235-100.5 Abatement of income taxes of members of armed forces

           on death

   235-101 Federal returns and assessments, when copies are

           required

   235-102 Records and special returns

 235-102.5 Income check-off authorized

   235-103 Distortion of income

   235-104 Penalties

   235-105 Failure to keep records, render returns, or make

           reports by responsible persons

   235-106 Repealed

   235-107 Procedure upon failure to file return

   235-108 Audit of return; procedure; additional taxes

   235-109 Jeopardy assessments, security for payment, etc.

   235-110 Credits and refunds

 235-110.2 Credit for school repair and maintenance

 235-110.3 Ethanol facility tax credit

 235-110.4 Hotel construction and remodeling tax credit

235-110.45 Residential construction and remodeling tax credit

235-110.46 Attractions and educational facilities tax credit;

           Ko Olina Resort and Marina; Makaha Resort

 235-110.5 Repealed

235-110.51 Technology infrastructure renovation tax credit

 235-110.6 Fuel tax credit for commercial fishers

 235-110.7 Capital goods excise tax credit

 235-110.8 Low-income housing tax credit

 235-110.9 High technology business investment tax credit

235-110.91 Tax credit for research activities

235-110.92 Drought mitigating water storage facility; income tax

           credit

   235-111 Limitation period for assessment, levy, collection,

           or credit; net operating loss carrybacks

 235-111.5 High technology; sale of unused net operating

           loss carryover

   235-112 Time for assessment of deficiency attributable to

           gain upon conversion

   235-113 Time for assessment of deficiency attributable to

           gain upon sale of a residence

 

         Appeal

   235-114 Appeals

 

         General Provisions

   235-115 Assessments, etc., prima facie proof

   235-116 Disclosure of returns unlawful; penalty

   235-117 Reciprocal supplying of tax information

   235-118 Rules and regulations

   235-119 Taxes, state realizations

 

         Part VII.  Hawaii S Corporation Income Tax Act

   235-121 Title; definitions; federal conformity; construction

   235-122 Taxation of an S corporation and its shareholders

   235-123 Modification and characterization of income

   235-124 Basis and adjustments

   235-125 Carryforwards and carrybacks; loss limitation

 235-125.5 Transition rule

   235-126 Part-year residence

   235-127 Distributions

   235-128 Returns; shareholder agreements; mandatory payments

   235-129 Tax credits

   235-130 LIFO recapture

 

Note

 

  One-time nonrefundable flood victim tax credit applicable from after December 31, 2003 and ending before January 1, 2007.  L 2006, c 110, §4.

 

Law Journals and Reviews

 

  Taxes in Hawaii Since July 1, 1968:  A Report on the Unreported Decisions of Judge Dick Yin Wong, Arthur B. Reinwald, 9 HBJ 95.

  Taxes in Hawaii 1983-1988:  A Funny Thing Happened at the Forum.  22 HBJ 53.

 

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