HRS §235-72

Corporations in partnerships

Read the official text at capitol.hawaii.gov ↗

This section says that for Hawaii state income tax, corporations that do business as partners in a partnership are treated the same way the federal Internal Revenue Code treats them. It is a short rule that just points to federal tax treatment.

businesses

The statute, as written — Corporations carrying on business in partnership

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.

Corporations carrying on business in partnership shall be treated in the same manner by this chapter as they are treated by the Internal Revenue Code. [L Sp 1957, c 1, pt of §2; Supp, §121-24; HRS §235-72; am L 1978, c 173, §2(14)]

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.