HRS §235-30

Property factor calculation

Read the official text at capitol.hawaii.gov ↗

This section explains how to calculate the property factor for business taxes. It is a fraction: the value of property you own or rent and use in Hawaii divided by the value of all such property you use everywhere. No other rules are given here.

businesses

The statute, as written — Apportionment; property factor

A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.

The property factor is a fraction, the numerator of which is the average value of the taxpayer's real and tangible personal property owned or rented and used in this State during the tax period and the denominator of which is the average value of all the taxpayer's real and tangible personal property owned or rented and used during the tax period.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.