Hawaii Revised Statutes
241. Taxation of Banks and Other Financial Corporations
241-7 Disposition of funds.

§241-7 Disposition of funds. All taxes collected under this chapter shall be state realizations; provided that, by June 30 of each fiscal year, the sum of $2,000,000 shall be deposited with the director of finance to the credit of the compliance resolution fund as established pursuant to section 26-9(o). [L Sp 1957, c 1, pt of §10(a); Supp, §127-7; HRS §241-7; am L 1999, c 182, §1; am L 2001, c 28, §1]

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Structure Hawaii Revised Statutes

Hawaii Revised Statutes

Title 14. Taxation

241. Taxation of Banks and Other Financial Corporations

241-1 Definitions.

241-1.5 Time of application of tax and other provisions.

241-2 Imposition of tax on national banking associations; construction; exemption from other taxes, except real property tax.

241-3 Imposition of tax on other banks, building and loan associations, financial services loan companies, financial corporations, small business investment companies, trust companies, mortgage loan companies, financial holding companies, development...

241-3.5 Deduction from entire net income.

241-4 Measure and rate of tax.

241-4.3 Alternative tax. Section 1201 (with respect to alternative tax for corporations) of the Internal Revenue Code shall be operative for the purposes of this chapter and shall be applied as set forth in this section. If for any taxable year a ban...