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Dec 17, 2024

How can businesses and consumers claim sales tax exemptions in Hawaii?

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Businesses and consumers can claim sales tax exemptions in Hawaii by:

  • Obtaining Exemption Certificates: Eligible entities like nonprofits, resellers, and government agencies must complete and present appropriate GET exemption certificates at the time of purchase.

  • Accurate Documentation: Ensure certificates include necessary information (buyer and seller details, reason for exemption).

  • Vendor Compliance: Sellers must retain these certificates for audit purposes and apply exemptions correctly.

  • Applying Exemptions: Use the certificate during transactions to avoid paying GET on eligible purchases.

  • Renewing Certificates: Keep certificates up-to-date and renew as necessary to maintain exemption status.

Proper management prevents misuse and ensures compliance during state audits, avoiding penalties for incorrect exemptions.

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?