SB 2840

  • Hawaii Senate Bill
  • 2022 Regular Session
  • Introduced in Senate Jan 21, 2022
  • Senate
  • House
  • Governor

Relating To Corporate Income.

Abstract

Requires corporations to include the income from all foreign subsidiaries in Hawaii taxable income. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2023.

Bill Sponsors (3)

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Actions


Jan 24, 2022

Senate

Referred to JDC, WAM.

  • Referral-Committee
Ways and Means Judiciary

Senate

Passed First Reading.

Jan 21, 2022

Senate

Introduced.

Bill Text

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SB2840 PDF HTML

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Sources

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