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Hawaii Administrative Rules Title 18 — Department of Taxation

HAR § 18-235-30-05

Special rules; property factor

Official textfiles.hawaii.gov

For special rules concerning the application of the property factor, see section 18-235-38-02.

Last amended: [Eff 11/25/94] (Auth: HRS §§231-3(9), 235-38, 235-118) (Imp: HRS §§235-31, 235-38) Property factor; valuation of owned property. (a) Property owned by the taxpayer HRS §235-31 §18-235-31-01 shall be valued at its original cost. As a general rule, original cost is deemed to be the basis of the property for federal income tax purposes (before any federal adjustments) at the time of acquisition by the taxpayer and adjusted by subsequent capital additions or improvements and partial dispositions. Ho

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In this chapter (40 sections)
  1. 18-235-21-02 · Two or more businesses of a single taxpayer
  2. 18-235-21-03 · Example 5: The taxpayer operates a multistate chain of…
  3. 18-235-21-04 · Proration of deductions
  4. 18-235-22-01 · Definitions
  5. 18-235-22-02 · Apportionment
  6. 18-235-22-03 · Combined reporting method; combined return
  7. 18-235-22-04 · Allocation
  8. 18-235-22-05 · Consistency and uniformity in reporting
  9. 18-235-23-01 · Taxable in another state; in general
  10. 18-235-23-02 · When a taxpayer is subject to a tax under section…
  11. 18-235-23-03 · When a state has jurisdiction to subject a taxpayer to a…
  12. 18-235-28 · (Reserved
  13. 18-235-29-01 · Apportionment formula
  14. 18-235-29-02 · Apportionment formula; denominator of zero
  15. 18-235-29-03 · Apportionment for installment sales
  16. 18-235-29-04 · Apportionment formula as applied to partnerships
  17. 18-235-30-01 · Example: Corporation A’s distributive share of income in…
  18. 18-235-30-02 · Property factor; property used for the production of…
  19. 18-235-30-03 · Property factor; consistency in reporting
  20. 18-235-30-04 · Property factor; numerator
  21. 18-235-30-05 · Special rules; property factor
  22. 18-235-31-01 · Property factor; valuation of owned property
  23. 18-235-31-02 · (b) Property in transit between locations of the…
  24. 18-235-31-03 · Property factor; special rules
  25. 18-235-32-01 · Example 1: A taxpayer, pursuant to the terms of a lease,…
  26. 18-235-33-01 · HRS §235-33 §18-235-33-01 Payroll factor; in general
  27. 18-235-33-02 · Payroll factor; denominator
  28. 18-235-33-03 · Payroll factor; numerator
  29. 18-235-34-01 · Payroll factor; compensation paid in this State
  30. 18-235-35-01 · HRS §235-33 §18-235-33-03 Payroll factor; numerator
  31. 18-235-35-02 · (6) If a taxpayer derives receipts from the sale of…
  32. 18-235-35-03 · Sales factor; numerator
  33. 18-235-35-04 · Sales factor; special rules
  34. 18-235-35-05 · Sales factor; no effect on warehousing exemption
  35. 18-235-36-01 · Sales factor; sales of tangible personal property in…
  36. 18-235-36-02 · Sales factor; sales of tangible personal property to…
  37. 18-235-37-01 · Sales factor; sales other than sales of tangible…
  38. 18-235-38-01 · Equitable adjustment of apportionment formula
  39. 18-235-38-02 · Special rules; property factor
  40. 18-235-38-03 · HRS §235-38 §18-235-38-03 Special rules; sales factor
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