Haw. Code R. § 18-237-20-02 - Summary of the rules

The reimbursement exemption applies when:

(1) Taxpayer pays a cost or advance to Third Party (section 18-237-20-05);

(2) For or on behalf of Reimbursing Party (section 18-237-20-06); and

(3) Taxpayer is repaid the cost or advance and receives no additional monetary consideration for making the cost or advance (section 18-237-20-4).

Notes

Haw. Code R. § 18-237-20-02

[Eff JUL 15, 2006] (Auth: HRS §§ 231-3(9), 237-8) (Imp: HRS § 237-20)