Tax Review Commission (Department of Taxation)
Ninth Meeting of the 2025-2027 Tax Review Commission
AI 生成摘要
白話概述——請務必核對官方文件
What's Being Discussed
The 2025–2027 Tax Review Commission (TRC) is holding its ninth meeting on Tuesday, August 11, 2026, from 2:00–4:00 p.m. via Zoom. The commission reviews Hawaii's tax system and makes recommendations for improvements. Key topics include:
- Taxation of retirement income — ongoing discussion about how retirement income is taxed in Hawaii, and what research steps to take next.
- Tax credits and exemptions — continued work on a framework for evaluating whether existing tax credits and exemptions are effective.
- Single sales factor (SSF) for corporate taxes — a discussion on how to calculate the share of a corporation's income that Hawaii can tax, based only on sales made in the state.
- UHERO presentation — Dr. Dylan Moore from the University of Hawaiʻi Economic Research Organization will present a research proposal to assist the commission with its projects.
- Legislative outreach — a follow-up discussion on the commission's contact with the Senate Ways and Means and House Finance Committees.
- Future meeting scheduling — including possible twice-monthly meetings, in-person meetings, and planning for the commission's final meeting.
Decisions Expected
- A vote to approve the minutes from the July 14, 2026 meeting.
- Possible decisions on hiring consultants and next steps for research tasks.
- Decisions on future meeting dates and format.
Who Should Pay Attention
- Retirees and seniors concerned about how their retirement income may be taxed.
- Businesses affected by corporate income tax rules.
- Taxpayers interested in how Hawaii evaluates tax credits and exemptions.
- Anyone who wants to shape Hawaii's tax policy before the commission submits its final recommendations.
如何參與
這是一場公開會議——歡迎所有社區成員出席並提供證詞。會議通常以實體方式舉行,也可能提供線上參加方式。