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