· HI legislature · 2026

RELATING TO TAX HAVEN ABUSE.

Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2026.

Sponsor

Linda Ichiyama (D-HI)

Introduced

2025-12-08

Policy area

Taxation

Latest action

Prefiled.