Hawaii DOT Publishes Revised General Excise, Income Tax Information for Construction Contractors

The Hawaii Department of Taxation March 1 published revised tax facts on general excise and income tax information for construction contractors. Construction contractors are subject to individual income, corporate income, excise, and sales and use tax. A contractor with employees is also subject to withholding and unemployment tax. The tax facts include information on: 1) licenses needed to operate in Hawaii; 2) the definition of “contractor;" 3) the necessity to keep records; 4) types of services taxable; and 5) general excise tax exemptions specifically for contractors. [Haw. Dep’t of Tax’n, Tax Facts 99-3, 03/01/20]

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