Hawaii Tax Legislative Update: Which Bills Made it to Law?

Highlights

In the 2019 legislative session, Hawaii enacted tax laws impacting the general excise (GE) and use, transient accommodations, income and estate tax laws.  Included were follow-up legislation to the Wayfair nexus standard, new GE tax withholding obligations, a new estate tax bracket, revised apportionment of income rules, a new withholding regime on estates, trusts, and partnerships, and more.
  
Additionally, if time  permits, we will cover the 2 new county surcharge rates on GE taxes, and pending court cases with significant tax implications.