HI SB2840 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-24 - Referred to JDC, WAM.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-24 - Referred to JDC, WAM.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
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.
Title
Relating To Corporate Income.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-24 | Senate | Referred to JDC, WAM. |
| 2022-01-24 | Senate | Passed First Reading. |
| 2022-01-21 | Senate | Introduced. |
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=2840&year=2022 |
| Text | https://www.capitol.hawaii.gov/session2022/bills/SB2840_.HTM |
