Allows a tax deduction for tips received by employees in Hawaii.
Hawaii HB567 amends Chapter 235 of the Hawaii Revised Statutes to introduce a tax deduction for tips received by employees. This deduction applies to employees who earn more than $30 a month in gratuities. The Director of Taxation will oversee the implementation of this deduction, which will be effective for taxable years beginning after December 31, 2025.
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