ยง241-4.5 - Capital goods excise tax credit.
ยง241-4.5ย Capital goods excise tax credit.ย
The capital goods excise tax credit provided under section 235-110.7 shall be
operative for this chapter after December 31, 1987; provided that the capital
goods excise tax credit shall be inoperative after December 31, 2008, and
before January 1, 2010. [L 1987, c 239, ยง8; am L 2009, c 178, ยง5]
Note
ย The 2009 amendment applies to investments made, renovation
costs incurred, or eligible depreciable tangible property placed in service on
or after May 1, 2009. L 2009, c 178, ยง10.
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