New Hawaii law creates filing requirements for nonprofits: "A Hawaii law – which is set to take effect on July 1 – could cause many nonprofit organizations to lose their tax-exempt status, according to Pacific Business News.
The paper reports that the new excise tax law requires all businesses and nonprofits – regardless of their tax-exempt status – to register to do business in the state and file state tax returns to claim their exemption. The legislation aims to crack down on some businesses, that officials say are “cheating the system,” by collecting the excise tax from customers and failing to pass that money on to the state."
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