Get Schedule Ge

Form G-49 - All filers must file an annual return and reconciliation (Form G-49) after the close of the taxable year. Form G-49 is a summary of your activity for the entire year. This return must be filed in addition to Form G-45.

The periodic returns (Form G-45) are used to report gross income, exemptions, and taxes due on business activities periodically. They must be filed throughout the year at specified intervals.

The most commonly claimed exemptions were Taxes Passed On (48,406 claims or 34% of total), Out of State Sales (21,869 claims or 15.3% of total), Subcontract Deduction (14,082 claims or 9.9% of total), Sales to Federal Government and Credit Unions (7,335 claims or 5.1% of total), and Maintenance Fees (7,206 claims or ...

Form G-49 - All filers must file an annual return and reconciliation (Form G-49) after the close of the taxable year. Form G-49 is a summary of your activity for the entire year. This return must be filed in addition to Form G-45.

The periodic returns (Form G-45) are used to report gross income, exemptions, and taxes due on business activities periodically. They must be filed throughout the year at specified intervals.

Hawaii Tax Rates, Collections, and Burdens Hawaii also has a 4.40 to 6.40 percent corporate income tax rate. Hawaii has a 4.00 percent state sales tax rate, a 0.50 percent max local sales tax rate, and an average combined state and local sales tax rate of 4.44 percent.

What is the difference between the G-45 and the G-49 Forms? The G-45 is the 'periodic' form which is filed either monthly, quarterly, or semiannually. The G-49 is the annual or so called "reconciliation" form which is filed annually.

Hawaii does not have a sales tax; instead, we have the GET, which is assessed on all business activities. The tax rate is 0.15% for Insurance Commission, 0.5% for Wholesaling, Manufacturing, Producing, Wholesale Services, and Use Tax on Imports For Resale, and 4% for all others.