§393-46 Income directly attributable to the business. (a) "Income directly attributable to the business" means gross profits from the business minus deductions for:
(1) Compensation of officers;
(2) Salaries and wages, except wages paid by an individual proprietor to oneself;
(3) Repairs;
(4) Taxes on business and business property;
(5) Business advertising;
(6) Amounts contributed to employee benefit plans;
(7) Interest on business indebtedness;
(8) Rent on business property; and
(9) Other expenses necessary for the current conduct of business.
(b) Deductions shall not include:
(1) Bad debts;
(2) Contributions or gifts, other than those listed under subsection (a)(6);
(3) Amortization and depreciation; or
(4) Losses by fire, storm, casualty, or theft.
(c) The director may promulgate rules and regulations necessary to define income directly attributable to business for the purpose of section 393-45. [L 1974, c 210, pt of §1; gen ch 1985]
Structure Hawaii Revised Statutes
Title 21. Labor and Industrial Relations
393-6 Principal and secondary employer defined; coercion, interference, etc. prohibited.
393-7 Required health care benefits.
393-11 Coverage of regular employees by group prepaid health care plan.
393-12 Choice of plan type and of contractor.
393-13 Liability for payment of premium; withholding; recovery of premium.
393-14 Commencement of coverage.
393-15 Continuation of coverage in case of inability to earn wages.
393-16 Liability of secondary employer.
393-17 Exemption of certain employees.
393-18 Termination of exemption.
393-19 Freedom of collective bargaining.
393-20 Adjustment of employer-sponsored plans.
393-21 Individual waivers; additional withholding for dependents.
393-22 Exemption of followers of certain teachings or beliefs.
393-23 Joint provision of coverage.
393-24 Noncomplying employer held liable for employee's health care costs.
393-31 Enforcement by the director.
393-32 Rulemaking and other powers of the director.
393-41 Establishment of premium supplementation trust fund.
393-42 Management of the fund.
393-43 Disbursements from the fund.
393-45 Entitlement to premium supplementation.
393-46 Income directly attributable to the business.