Haw. Code R. § 18-237D-7-02 - Short year return; change of ownership or cessation of business
(a) The event of change of ownership,
complete transfer of transient accommodation activity, going out of business,
or otherwise ceasing to engage in the conduct of a transient accommodations
activity shall close the taxable year.
(b) If there is a change of ownership or
complete transfer of transient accommodation activity, or if an operator or
plan manager goes out of business or otherwise ceases to engage in the conduct
of transient accommodations activity, the operator or plan manager shall notify
the director of the change, transfer, or cessation of business not more than
ten days after the change, transfer, or cessation occurs in accordance with
section 18-237D-4-04.
(c) The
operator or plan manager shall file a monthly return on or before the last day
of the calendar month following the month in which the change of ownership,
transfer of transient accommodation activity, or cessation of business took
place.
(d) If the operator or plan
manager has been granted permission to make quarterly or semiannual tax returns
instead of monthly returns, the operator or plan manager shall file a return of
the installment of the tax due for the applicable quarterly or semiannual
period on or before the last day of the calendar month following the month in
which the change of ownership, transfer of transient accommodation activity, or
cessation of business took place.
(e) The operator or plan manager shall
prepare and submit an annual tax return summarizing the months of the year
engaged in the transient accommodations activity on or before the twentieth day
of the fourth month following the month in which the change of ownership,
transfer of transient accommodations activity, or cessation of business took
place.
(f) An operator or plan
manager filing any return required by this section may apply for an extension
as set forth in section 18-237D-7-01(d).
Notes
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