Honolulu, HI, August 1, 2018 Hawaii has a new resource to help make better budget and tax policy decisions, coming online at a critical time in light of recent and upcoming events in Washington. According to recent federal government reports, 2018 federal tax reforms have resulted in a 33% drop in receipts from corporate
Introduction and Overview Hawaiis budget is a powerful foundation of daily life and a demonstration of our states priorities. It sets out where we get our money and what and who we spend it on. It dictates the investments we make in our schools, our environment, our health, and our
States can now require on-line and mail-order sellers to collect and remit taxes on sales to their state residents, according to the long-awaited Supreme Court verdict on South Dakota v Wayfair, Inc. (June 21, 2018). Here in Hawaii, our Tax Review Commission has been highlighting the need for legal authority to recoup taxes on e-commerce
Highlights from the Hawai‘i State FY19 Budget, including a brief analysis of recent budget trends.