Tax Review Commission (Department of Taxation)
Eighth Meeting of the 2025-2027 Tax Review Commission
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What's Being Discussed
The Hawaii Tax Review Commission (TRC) is holding its eighth virtual meeting on Tuesday, July 14, 2026, from 2:00–4:00 p.m. Key topics include:
- Retirement income taxation — the primary focus of discussion, looking at how Hawaii taxes income for retirees
- Tax credits and exemptions — developing a framework for evaluating whether existing tax breaks are working as intended
- Corporate income tax apportionment — discussing a method called "single sales factor" that affects how multistate businesses are taxed in Hawaii
- Consultant hiring update — a subcommittee will report on progress hiring outside experts to study Hawaii's tax competitiveness and the impact of tourism on the tax system
- Legislative outreach update — the Chair and Vice-Chair will share updates on their communications with the Senate Ways and Means and House Finance Committees
Decisions Expected
- A vote to approve the minutes from the June 16, 2026 meeting
- Possible decisions on future meeting topics and scheduling
Who Should Pay Attention
- Retirees and seniors concerned about how their retirement income is taxed in Hawaii
- Business owners, especially companies operating in multiple states
- Taxpayers and advocacy groups interested in how Hawaii evaluates tax credits and exemptions
- Tourism industry stakeholders following the commission's research into tourism-related taxation
The public may submit written testimony by email to tax.research@hawaii.gov or attend virtually via Zoom (Webinar ID: 165 311 3394, Passcode: 202183).
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