Step-By-Step Instructions For Filling In Your Form G-45 (Periodic Return)

ADVERTISEMENT

(REV. 2015)
General Excise/Use One-Time Event
STEP-BY-STEP INSTRUCTIONS FOR FILLING IN YOUR
FORM G-45 (PERIODIC RETURN)
(The circled numbers in the figures correspond to the steps in the instructions.)
A periodic general excise/use tax return (Form G-45), including an amended return, can be filed and payment made
electronically through the State’s Internet portal. For more information, go to tax.hawaii.gov/eservices/.
Changes You Should Note
z Effective immediately – Mail all general excise and use tax
z Act 216, SLH 2015 – This act authorizes and appropriates
payments and a completed Form VP-1 to:
funds for the Hawaii small business innovation research program
to provide grants to businesses with a federal small business
Hawaii Department of Taxation
innovation research phase II or III award. Section 237-24.7(10),
P.O. Box 1730
Hawaii Revised Statutes (HRS), provides an exemption from
Honolulu, HI 96806-1730
general excise tax the amounts received as grants by the High
Technology Development Corporation under section 206M-15,
z Mail G-45 returns to:
HRS, that supplement federal business innovation research
phase 1 awards. Act 216, amends section 206M-15, HRS, to
Hawaii Department of Taxation
include phase II and III awards. Effective July 1, 2015.
P.O. Box 1425
z Act 240, SLH 2015 – This act reauthorizes the counties’ authority
Honolulu, HI 96806-1425
to establish a county surcharge on state tax for a limited time
z Act 201, Session Laws of Hawaii (SLH) 2015 – This act
period, with the surcharge to be effective until 12/31/2027.
excludes from gross income, the amounts collected by electric
Requires counties to adopt an ordinance to establish or extend a
utility companies acting as billing and collection agents for an on-
surcharge prior to 7/1/2016. Effective July 1, 2015
bill program, from state and county taxes, including the general
z Schedule GE - This form which is used to report exemptions has
excise tax. “On-bill program” means any program approved
by the public utilities commission that allows for the payment
been revised. If you are claiming exemptions, please complete
or repayment by an electric utility customer for the acquisition
and attach Schedule GE (Form G-45/G-49) (Rev. 2014) to your
and installation of renewable energy, energy efficient, or energy
Form G-45. Failing to use the most current form may result in the
conservation systems as part of the electric utility customer’s
disallowance of your exemptions.
electric bill. Effective July 2, 2015.
County Surcharge
Effective January 1, 2007, the general excise and use tax was
and to help you complete Part IV (Oahu taxable income subject
amended to provide a 0.5% county surcharge on transactions
to the county surcharge) and Part V (assignment of taxes by
attributable to the City and County of Honolulu and subject to the
district) on Form G-45. See pages 9-10 and 15-16 of the General
state general excise tax rate of 4% for a total rate of 4.5%. The
Instructions for Filing the General Excise/Use Tax Returns for more
county surcharge does not apply to activities taxed at the 0.5% rate
information on completing Parts IV and V of Form G-45.
(e.g., wholesaling) or the 0.15% rate for insurance commissions. If
For more information on the county surcharge, see Department
you do business on more than one island, you must complete Form
of Taxation Announcement Nos. 2005-11, 2006-15, 2006-17 and
G-75 and attach it to Form G-45. Form G-75 is used to report your
Tax Information Release (TIR) No. 2007-01 or click on the link to
taxable income for each type of business activity (e.g., wholesaling,
the County Surcharge webpage from the Department of Taxation’s
retailing) in each taxation district (i.e., Oahu, Maui, Kauai, Hawaii)
homepage at tax.hawaii.gov.
About this Form
The GET is a privilege tax imposed on the gross income received
by every person engaging in business, including a one-time event
1234567890x
(e.g., fundraiser, exhibition, conference) in the State of Hawaii. Use
Form G-45, Periodic General Excise/Use Tax Return, to report your
4. Do NOT print outside the boxes.
gross income, exemptions, and the tax attributable to the one-time
5. Fill in ovals completely. Do not 4 or 8 the ovals.
event. Form G-45 is due on or before the 20th day of the calendar
month following the one-time event. For example, if the event is
6. Do NOT enter cents. All numbers that are required to be
on January 31st, then Form G-45 is due on February 20th. An
rounded to the nearest dollar should NOT be printed over the
individual not engaged in business (e.g., an employee performing
zeros used to designate cents.
personal services under the direction and control of an employer) is
7. Do NOT use dollar signs, slashes, dashes or parentheses in the
not required to file a general excise/use tax return.
boxes.
Form G-45 is designed for electronic scanning that permits faster
8. We recommend that you print a new form from our website
processing with fewer errors. To avoid delays:
(tax.hawaii.gov) each time you need it. The form’s barcode
1. Print amounts only on those lines that are applicable.
is necessary to process the return. Excessive photocopying
2. Use only a black or dark blue ink pen. Do not use red ink, pencil,
of a photocopy will degrade the barcode, and the barcode will
felt tip pens, or erasable pens.
become unreadable.
3. Because this form is read by a machine, please print your
Note: Form G-49 (Annual Return and Reconciliation) is not required
numbers inside the boxes like this:
to be filed.
Rounding to Whole Dollars in Columns a, b, and c
The Department of Taxation (Department) is requiring taxpayers
in Columns a, b, and c. To do so, drop amounts under 50 cents
to round off cents to the nearest whole dollar for all dollar entries
and increase amounts from 50 to 99 cents to the next dollar. For
Page 1

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 6