Hawaii R&D Tax Credit Summary

R&D Tax Credit Available

Yes

STATE

Hawaii

NAME

Tax Credit for Research Activities

DOES IT APPLY TO C-CORPS & PASS THROUGHS?

Yes

DESCRIPTION

Refundable credit with similar definitions as federal for Qualified Research Expenses and Qualified Research Activities except only include Hawaii based expenses.

PERCENTAGE

% on federal credit based on percentage of Hawaii-based expenses to federal expenses