SB 986

  • Hawaii Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 20, 2023
  • Senate
  • House
  • Governor

Relating To Tax Haven Abuse.

Abstract

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

Bill Sponsors (2)

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Actions


Dec 11, 2023

Hawaii State Legislature

Carried over to 2024 Regular Session.

Jan 27, 2023

Senate

Referred to CPN/JDC, WAM.

  • Referral-Committee
Ways and Means Judiciary Commerce and Consumer Protection

Jan 23, 2023

Senate

Passed First Reading.

Jan 20, 2023

Senate

Introduced.

Bill Text

Bill Text Versions Format
SB986 PDF

Related Documents

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Sources

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