Tax News

CCH (cch.taxgroup.com) reports:

  The Hawaii Senate has re-passed S.B. 1678, which proposes to conform Hawaii general excise tax laws with the Streamlined Sales and Use Tax (SST) Agreement. The Senate also passed H.B. 1405, which proposes to tax some Internet sales by expanding the definition of "engaging" in business and creating a rebuttable presumption for Hawaii general excise tax nexus purposes, similar to New York's so-called Amazon law, and also proposes to create a nexus presumption for purposes of imposing Hawaii taxes on out-of-state persons and entities conducting business in the state and a severability provision. The Senate passed the conference committee drafts that were previously approved by the House of Representatives and thus they have the approval of the full Legislature. (TAXDAY, 2009/05/07, S.18)