Hawaii House Bill 116: Relating To Tax Haven Abuse.

Hawaii · 2026 Regular Session

What it does

Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2026.

Latest action

Carried over to 2026 Regular Session. (2025-12-08)

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