{"data":{"id":"us-hi/haw.-rev.-stat.-393-46","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 393-46","heading":"Income directly attributable to the business.","body":"(a) \"Income directly attributable to the business\" means gross profits from the business minus deductions for:\n\n(1) Compensation of officers;\n\n(2) Salaries and wages, except wages paid by an individual proprietor to oneself;\n\n(3) Repairs;\n\n(4) Taxes on business and business property;\n\n(5) Business advertising;\n\n(6) Amounts contributed to employee benefit plans;\n\n(7) Interest on business indebtedness;\n\n(8) Rent on business property; and\n\n(9) Other expenses necessary for the current conduct of business.\n\n(b) Deductions shall not include:\n\n(1) Bad debts;\n\n(2) Contributions or gifts, other than those listed under subsection (a)(6);\n\n(3) Amortization and depreciation; or\n\n(4) Losses by fire, storm, casualty, or theft.\n\n(c) The director may promulgate rules and regulations necessary to define income directly attributable to business for the purpose of section 393-45.","path":["HI Code","Division 1","Title 21","Chapter 393"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol07_Ch0346-0398/HRS0393/HRS_0393-0046.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"f17aac946d874f9746181e303db36c1ef4c903636b69c8611a30ed9e47595638","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-393-45","next":"us-hi/haw.-rev.-stat.-393-47"},"notice":"GroundRules: Original legal text. Not legal advice."}