Welcome

State of Wayfair: Will Hawaii Become a Tax Trendsetter? (1)

July 25, 2019, 5:02 PMUpdated: July 25, 2019, 8:31 PM

Hawaii has hitched the Wayfair decision to its corporate income tax, but will other states follow?

The chances are better than 50-50, said Morgan Scarboro, a senior policy analyst with the government relations consulting firm MultiState Associates.

“Following Hawaii’s passage, I think there’s a good chance other states will attempt to follow, but there will likely be legal and administrative challenges depending upon the state and the thresholds,” Scarboro said in an email.

Hawaii Gov. David Ige (D) signed legislation July 2 specifying that businesses lacking physical presence in the Aloha State are presumed to be “systematically and regularly engaging ...

To read the full article log in.

Learn more about a Bloomberg Tax subscription