Hawaii Revised Statutes 237-4.5 – Marketplace facilitators
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Hawaii Revised Statutes 237-4.5
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- Marketplace facilitator: means any person who sells or assists in the sale of tangible personal property, intangible property, or services on behalf of another seller by:
(1) Providing a forum, whether physical or electronic, in which sellers list or advertise tangible personal property, intangible property, or services for sale; and (2) Collecting payment from the purchaser, either directly or indirectly through an agreement with a third party. See Hawaii Revised Statutes 237-1 - month: means a calendar month; and the word "year" a calendar year. See Hawaii Revised Statutes 1-20
- Personal property: All property that is not real property.
- sales: includes the exchange of properties as well as the sale thereof for money. See Hawaii Revised Statutes 237-1
- taxable year: means either the calendar year or the taxpayer's fiscal year when the same constitutes the tax period instead of the calendar year pursuant to § 237-11. See Hawaii Revised Statutes 237-1
provided that the person, in lieu of complying with the notice and reporting requirements in this subsection, may elect to be deemed the seller of tangible personal property, intangible property, or services as provided in subsection (a).