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Dec 19, 2024

What are the latest updates to Hawaii’s sales tax policies implemented in 2024?

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Ready to automate your sales tax?

Ready to automate your sales tax?

In 2024, Hawaii implemented several updates to its sales tax policies:

  • GET Rate Increase: State GET increased from 4% to 4.5%.

  • County Surcharges: Oahu's surcharge rose to 0.75%, total GET at 4.75%; Maui added 0.5%, totaling 4.5%.

  • Transient Accommodations Tax (TAT): Increased from 10.25% to 11%, supporting tourism infrastructure.

  • Digital Goods Tax: Digital products and SaaS services became taxable under GET.

  • Exemptions: Continued exemptions for food and prescription drugs.

  • Economic Nexus: Remote sellers still required to collect GET if exceeding $100,000 in sales.

These changes aim to increase state revenue for infrastructure and align tax policies with the digital economy.

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?