Jan 1, 2022 | Tax Research Insights
The top five exemptions account for 60% of all exemptions claimed. The General Excise & Use Tax (GET), which is a very broad gross receipts tax, is the largest tax type in Hawaii. GET is a tax on income from almost all business activities, including wholesaling,...
Jan 1, 2022 | Tax Research Insights
This post highlights some interesting trends that emerged in the 2019 Report Tax Credits Claimed by Hawaii Taxpayers. Figure 5 from the report (see below) shows how welfare enhancing tax credits varies by income and some interesting results emerge: The Refundable...
