Hawaii – Receipt and Record-Keeping Requirements Amended

SALT Report 2620 – The Hawaii State Legislature amended the State’s receipt and record-keeping requirements to reflect that they now apply to all taxpayers who conduct business under the State’s general excise tax laws. Specifically, the law now provides that it is unlawful for any person doing business in the State, other than those who make casual sales, to conduct any transaction in cash and fail to:

  • Offer a receipt or other record of the transaction, and
  • Maintain a contemporaneously generated record of all business transactions conducted each day

Previously, the record keeping and receipt requirements only applied to those taxpayers who made more than 10 taxable business transactions per day.

These provisions are effective July 1, 2013.

For Further Information

Hawaii State Legislature – Senate Bill 1196, Laws 2013