Hawaii HCR189 requests the Department of Taxation to analyze corporate income reporting structures, including foreign subsidiary income, to inform.

Hawaii HCR189 asks the Department of Taxation to conduct a comprehensive analysis of corporate income reporting practices, including the treatment of foreign subsidiary income. The analysis will evaluate potential revenue impacts under different reporting models, assess administrative feasibility, and compare approaches taken by other states. The Department must submit a report to the Legislature before the 2027 Regular Session, aiming to inform long-term fiscal planning and revenue forecasting accuracy.

Hawaii HCR189 requests the Department of Taxation to analyze corporate income reporting structures, including foreign subsidiary income, to inform.

Hawaii HCR189 asks the Department of Taxation to conduct a comprehensive analysis of corporate income reporting practices, including the treatment of foreign subsidiary income. The analysis will evaluate potential revenue impacts under different reporting models, assess administrative feasibility, and compare approaches taken by other states. The Department must submit a report to the Legislature before the 2027 Regular Session, aiming to inform long-term fiscal planning and revenue forecasting accuracy.