§235-23 Taxable in another state. For purposes of allocation and apportionment of income under this part, a taxpayer is taxable in another state if:
(1) In that state the taxpayer is subject to a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing business, or a corporate stock tax, or
(2) That state has jurisdiction to subject the taxpayer to a net income tax regardless of whether, in fact, the state does or does not. [L 1967, c 33, pt of §1; HRS §235-23; gen ch 1985]
Section: Previous 235-17.5 235-18 235-19 235-20 235-20.5 235-21 235-22 235-23 235-24 235-25 235-26 235-27 235-28 235-29 235-30 NextLast modified: October 27, 2016