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• Letter Ruling 2010-18
  August 26, 2010
  HRS 235-17
  The Department of Taxation has issued a letter ruling discussing the application of TIR 2010-04 to separate motion picture production companies.
• Council on Revenues Meeting, September 8, 2010
  August 31, 2010
• Sound & Video Businessman Sentenced in Tax Case
  August 25, 2010
  HONOLULU - On August 19, 2010, Judge Faye M. Koyanagi denied a motion for deferred acceptance of guilty plea to the corporation, HI Pro Sound & Video Rentals, Inc. (HI Pro) for failing to file the general excise returns for tax years 2002 through 2006.
• Tax Information Release 2010-07
  August 17, 2010
  Voluntary Disclosure Practice
  Historically, the Department of Taxation (Department) has maintained an informal practice allowing taxpayers to voluntarily disclose erroneous, fraudulent, or potentially criminal tax related behavior.
• Local Businessman Sentenced in Tax Case
  August 18, 2010
  HONOLULU - Terrence P. Doyle, a custom furniture builder, pled guilty to multiple counts of failing to file his general excise returns for tax years 2002 through 2007.
• Tax Announcment 2010-11
  August 5, 2010
  Act 182, Session Laws of Hawaii 2010, Relating to the Permitted Transfers in Trust Act
  On June 28, 2010, Governor Linda Lingle signed into law Senate Bill 2842 SD 2, HD 1, CD 1, as Act 182, Session Laws of Hawaii 2010.
  Act 182, the Permitted Transfers in Trust Act, creates a new chapter in the Hawaii Revised Statutes (HRS) that authorizes the transfer of certain property into trust arrangements, whereby the property transferred receives statutory creditor protection. This announcement is limited to the tax implications of the Permitted Transfers in Trust Act.
• Letter Ruling 2010-17
  August 4, 2010
  HRS 235-7(a)(13)
  The Department has issued a letter ruling discussing the exclusion from income tax of gain realized from the sale of leased fee interests in condominium units to the condominium's association of apartment owners.
• Letter Ruling 2010-16
  August 3, 2010
  Act 155, SLH 2010
  The Department has issued a letter ruling discussing the application of Act 155, SLH 2010, to an organization that is a federal instrumentality, concluding that Act 155 does not apply to instrumentalities of the US government.
• Auto Repair Shop Owner Sentenced
  August 3, 2010
  HONOLULU - The Department of Taxation announced that on August 2, 2010, Kenneth K. Tamashiro of Pacific Automotive and Performance Center, Inc. was sentenced by Judge Michael A. Town on multiple felony and misdemeanor tax violations.
• New Tax Information Releases (3)
  a) Tax Information Release 2010-04
  July 29, 2010
  Interpretation of "Qualified Production" for purposes of Tax Credit Claims under the Motion Picture, Digital Media, and Film Production Income Tax Credit, HRS § 235-17.
  The purpose of this Tax Information Release (TIR) is to set forth the Department of Taxation's (Department) interpretation of the term "qualified production" for purposes of administering the refundable Motion Picture, Digital Media, and Film Production Income Tax Credit available under Section 235-17, Hawaii Revised Statutes (HRS) (hereinafter "Film Credit").
  b) Tax Information Release 2010-05
  July 29, 2010
  Act 155, Session Laws of Hawaii 2010, Relating to General Excise Tax; The General Excise Tax Protection Act
  On June 1, 2010, Governor Linda Lingle signed into law House Bill 2595 HD 1 SD 2 CD 1, which became law as Act 155, Session Laws of Hawaii 2010 (also referred to as the "GET Protection Act").
  c) Tax Information Release 2010-06
  July 29, 2010
  Act 74, Session Laws of Hawaii 2010; Estate & Transfer Tax
  On April 29, 2010, the Legislature overrode Governor Linda Lingle's veto of House Bill 2866 HD 1 SD 1 CD 1, which became law as Act 74, Session Laws of Hawaii 2010.
  Act 74 reenacts Hawaii's Estate & Transfer Tax under Chapter 236D, Hawaii Revised Statutes (HRS), in a form that adopts conforming provisions to the Internal Revenue Code (IRC), Title 26, Subtitle B, Estate & Gift Tax, involving two separate points in time. The mechanics of the conforming provisions is discussed in more detail below. Act 74 applies to decedents dying on or after May 1, 2010.
• Letter Ruling 2010-15
  August 2, 2010
  HRS 235-110.9
  The Department has issued its fifteenth letter ruling for 2010, increasing the comfort ruling credit cap in a previously issued QHTB comfort ruling letter.
• Letter Ruling 2010-14
  July 29, 2010
  HRS 237-24(13); 237-17
  The Department has issued its fourteenth letter ruling for 2010, discussing the general excise tax rate and exemptions for corporations all of whose outstanding shares are owned by individuals who are blind, deaf, or totally disabled.
• Honolulu Real Estate Broker Sentenced for State Tax Crimes
  July 28, 2010
  HONOLULU - Gordon C.Y. Au, a Honolulu real estate broker, was sentenced today on multiple counts of state tax crimes.