Hawaii Amends Announcement on Implementation of Recent General Excise Tax Legislation

The Hawaii Department of Taxation (DOT) amended and superseded an announcement on the implementation of Act 41, Session Laws of Hawaii 2018, relating to when a taxpayer is engaging in business in the state for purposes of Hawaii’s general excise tax. The DOT amended the announcement to advise taxpayers that it won’t retroactively administer the provisions of Act 41, which became effective July 1. Accordingly, taxpayers who lacked physical presence in Hawaii prior to July 1, but who met the $100,000 or 200-transaction threshold in 2017 or 2018, will not be required to remit general excise tax for the period ...