Tax Review Commission (Department of Taxation)
Tenth Meeting of the 2025-2027 Tax Review Commission
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What's Being Discussed
The Hawaiʻi Tax Review Commission will hold its tenth meeting on Tuesday, September 1, 2026, from 2:00–4:00 p.m. via Zoom. The main topics include:
- A research presentation from Dr. Dylan Moore of the University of Hawaiʻi Economic Research Organization (UHERO), sharing early findings from an ongoing tax study.
- Taxation of retirement income — how retirement earnings are taxed in Hawaiʻi.
- Single sales factor apportionment — a method for calculating how much of a corporation's income is taxable in Hawaiʻi.
- A framework for reviewing tax credits and exemptions — how the state evaluates whether existing tax breaks are working as intended.
- 1031 clawback — a provision related to real estate transactions that allow sellers to defer taxes.
- Conveyance tax controlling interest provision — rules about taxing certain real estate ownership transfers.
- Follow-up on communications with the Senate Ways and Means and House Finance Committees.
- Planning for future meetings, including possible in-person sessions.
Decisions Expected
- A vote to approve the minutes from the August 11, 2026 meeting.
- Scheduling decisions for upcoming Commission meetings.
Who Should Pay Attention
- Retirees concerned about how their income may be taxed.
- Businesses and corporations operating in Hawaiʻi.
- Real estate owners and investors affected by conveyance or property exchange tax rules.
- Anyone interested in how Hawaiʻi's tax system works and may be reformed.
Public testimony is welcome via Zoom, by phone, or in writing at tax.research@hawaii.gov.
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