STAND. COM. REP. NO.2790
Honolulu, Hawaii
, 2002
RE: S.B. No. 2885
S.D. 2
Honorable Robert Bunda
President of the Senate
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Ways and Means, to which was referred S.B. No. 2885, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO TAXATION,"
begs leave to report as follows:
The purpose of this measure is to provide that a segregation of taxable income by a wireless telecommunications services provider is valid if not in conflict with rules adopted by the Department of Taxation.
Your Committee finds that because wireless telecommunications services providers "bundle" their services by offering interstate, intrastate, and international telecommunication services for one rate while subject to various taxes, they should consequently be able to segregate taxable income to provide for accurate taxation.
Your Committee made technical, nonsubstantive amendments for clarity.
As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2885, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2885, S.D. 2.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
____________________________ BRIAN T. TANIGUCHI, Chair |
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