Hawaii taxability of coupons, fees, and other basis-modifying components Hawaii: breter-show.ru


What is included in Hawaii's sales tax basis?

Many times, an otherwise-taxable transaction will include bundled fees like excise taxes, installation fees, or finance charges or be modified with coupons, installment payment plans, etc. One question that will often arise is whether or not a certain payment or fee is included in a transaction's taxable basis.

The taxable basis refers to the portion of an entire transaction that is subject to Hawaii's sales tax. This page answers common questions about which common fees are included in the sales tax basis in Hawaii, and which are excluded.

Inclusion in Sales Tax Basis

Are coupons and cash discounts included in the Hawaii sales tax basis?

What is not included are things like cash discounts. What is included are manufacturer-reimbursed coupons.


Are excise taxes included in the Hawaii sales tax basis?

are separate levies added by many states to the price of commodity items such as alcohol, gasoline, etc. What is not included is state tobacco excise and nursing home facility taxes, federal fuel, retail, excise, sugar, and luxury taxes.


How are installment-based sales taxed?

Many businesses offer customers payment plans that allow them to pay the full price for a product over time in installments, often leading to confusion about when and how much sales tax is collected and remitted to Hawaii. The state has implemented the following provisions regarding installment sales:

No specific provisions


Are installation charges included in the Hawaii sales tax basis?

While the taxation of tangible goods is relatively straightforward, some states consider the installation costs associated with a tangible object (like carpeting, a home or vehicle fixture, etc) to be taxable. Hawaii policy states:

Installation charges are generally excluded from the taxable price of a tangible product.


Are finance charges included in the Hawaii sales tax basis?

Many businesses offer customers financing on higher-value products, and include financing charges in the overall cost of the item. These finance charges may also be subject to sales taxes. Hawaii policy states:

Finance charges are generally excluded from the taxable price of a tangible product.


How can I get reimbursed for sales taxes paid on items that are returned or repossessed?

If a taxable good for which sales tax has been collected is returned or reposessed by the merchant, the state may allow the amount of sales tax collected to be either deducted from the merchant's current sales tax balance or refunded to the merchant by the state. Hawaii's policies state that returns and repossessions are:

Amount refunded not included in gross proceeds

Note: No specific provisions on taxability of repossessions. Repossession services are taxable


How can I get reimbursed for sales taxes paid on bad debts?

If a merchant offers goods to a consumer on credit and the payment for those goods becomes delinquent, the merchant may be eligible to be reimbursed any sales tax they paid to the state on the consumer's behalf when the transaction was made. The method of reimbursement varies state by state.

Tax paid on bad debts can generally be recovered by the merchant as a deduction.

Back to Hawaii breter-show.ru Top
** This Document Provided By SalesTaxHandbook **
Source: http://breter-show.ru/hawaii/sales-tax-basis

Related pages

brazil vat ratezip code for marana azsedgwick county sales taxmorrilton arkansas zip codelaporte mn zip codehawaii excise tax formsbrentwood zip code nychemung county taxtroup county taxsammamish washington zip coderesale certificate new jerseybedford county tax mapmidland texas sales tax ratezip code for clarkston washingtonla honda ca zip codearizona sales tax licensebrea ca zip codeszip code for cape neddick mainegaston taxhawkins tx zip codeaurora illinois sales taxtowns in marin countysan leandro ca sales taxvermilion parish maprockford il zip codes mapzip code for camarillo californiamaurice la zip codekansas tax tableso fallon mo tax ratedamon salessales tax fulton countyca sales tax exemptionsales tax in el paso txnyc clothes taxutah vehicle title transferarizona tax exempt formwv state tax ratenj exemption certificateyosemite national park zip codenj tax return calculatorarizona tax form 5000texas sales and use tax permit numberresale certificate txzip code san tan valley azclarksdale missourisales tax certificate californiacrawford county sales tax ratepennsylvania sales tax exemption certificatesilverhill alabama zip codebaldwin county tax mapsfort riley zip codetax in stockton cazip code east palestine ohiophippsburg coloradozip code winthrop mainemarion ar zip codebeale afb zip codesd dept of revenuecomptroller of maryland sales and use tax exemption certificatezip code metter gabolton landing zip codetexas sales tax rate lookupsunnyvale texas zip codeillinois dmv feesjackson mississippi sales tax ratewisconsin tax exemptfairfax county sales tax ratehow much is a carton of cigarettes in north carolinatax calculator nevadaalexandria sales taxkenmore salesulster county sales tax ratehow to get a sellers permit in floridasales tax in elk grove caillinois sales tax registrationzip code laie hawaiiindustry ca zip codemontgomery county ohio tax rate