SB 314

  • Hawaii Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 15, 2025
  • 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 1/1/2026.

Bill Sponsors (1)

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Jan 21, 2025

Senate

Referred to CPN/JDC, WAM.

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

Jan 15, 2025

Senate

Introduced and passed First Reading.

Jan 14, 2025

Senate

Pending Introduction.

Bill Text

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SB314 PDF HTML

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Sources

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