What's Being Discussed
The Hawaiʻi Tax Review Commission is holding its 17th meeting on Wednesday, November 18, 2026, from 2:00–4:00 p.m. via Zoom. The commission reviews the state's tax system and recommends changes. Key topics on the agenda include:

Worldwide Combined Reporting and Foreign Corporation Income: Continuing discussion on how multinational businesses report and are taxed on income earned globally.
Voluntary Disclosure Agreements: Following up on a process that allows taxpayers to come forward and resolve unpaid taxes with reduced penalties.
Single Sales Factor: Revisiting a method for calculating how much of a business's income is taxable in Hawaii based solely on its sales here.
Conveyance Tax — Controlling Interest Provision: Continued discussion on whether to tax transfers of ownership in companies that hold real property, not just direct property sales.
Tax Competitiveness: Beginning to explore how Hawaii's tax system compares to other states in terms of attracting and retaining businesses.
UHERO Draft Report: Continued review of an economic research report from the University of Hawaiʻi and developing feedback for the researchers.

Decisions Expected

A vote to approve the minutes from the November 9, 2026 meeting.
Discussion of future meeting topics and scheduling.

Who Should Pay Attention

Business owners, especially those operating across multiple states or countries
Real estate investors and developers interested in potential changes to the conveyance tax
Taxpayers with unpaid tax obligations curious about voluntary disclosure options
Anyone interested in Hawaii's overall tax policy and economic competitiveness