Excise Line Log For Free

Complete the Form BB-1, State of Hawaii Basic Business Application, BB-1 Packet, and pay a one-time $20 registration fee. Additional fees may apply depending on which tax licenses you need. Register online through the DOTAX website at hitax.hawaii.gov or the HBE website hbe.ehawaii.gov.

Because the general excise tax is imposed on you (the business), it is an ordinary and necessary cost of doing business that can be claimed as a business expense deduction on your income tax return. IMPORTANT: The general excise tax you pay may NOT be taken as credit against your income tax liability.

Key Takeaways An excise tax is similar to a sales tax, but it's levied only on certain products or services. The most common excise taxes are imposed on tobacco, alcohol, and gasoline.The tax is generally payable by the manufacturer.

Excise taxes can be used to price an externality or discourage consumption of a product that imposes costs on others. They can also be employed as a user fee to generate revenue from people who use particular government services, revenue which should be used to maintain that government service.

General fund excise taxes are imposed on many goods and services, the most prominent of which are alcohol, tobacco, and health insurance. Other general fund excise taxes include taxes on local telephone service, vehicles with low-mileage ratings (?gas guzzlers?), ozone-depleting chemicals, and indoor tanning services.

How do I get a copy of my tax license? Licenses are mailed to license holders after the license is issued or renewed. Your downloadable, printable letter including the license is available on Hawaii Tax Online after you sign in.

If you purchase from a seller who does not hold a California seller's permit and did not pay tax on the purchase of a vehicle, vessel, aircraft, or mobile-home, you may be required to report use tax directly to the CDTFA.