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25 chapters · 664 sections in this title.
HRS §231-36.5 Understatement of taxpayer's liability by tax return preparer
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[§231-36.5] Understatement of taxpayer's liability by tax return preparer. (a) A tax return preparer who understates a person's tax liability based upon unreasonable positions on a tax return or claim for tax refund shall pay a penalty of $500 with respect to each such tax return…
HRS §231-36.6 Substantial understatements or misstatements of amounts; penalty
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[§231-36.6] Substantial understatements or misstatements of amounts; penalty. (a) There shall be added to the tax an amount equal to twenty per cent of the portion of any underpayment that is attributable to any substantial understatement of any tax in a taxable year. The penalty…
HRS §231-36.7 Promoting abusive tax shelters
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[§231-36.7] Promoting abusive tax shelters. (a) A person promotes an abusive tax shelter by: (1) Organizing or assisting in the organization of, or participating directly or indirectly in the sale of, an interest in: (A) A partnership or other entity; (B) Any investment plan or a…
HRS §231-36.8 Erroneous claim for refund or credit
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§231-36.8 Erroneous claim for refund or credit. (a) If a claim for refund or credit with respect to tax is made for an excessive amount, the person making the claim shall be liable for a penalty in an amount equal to twenty per cent of the excessive amount; provided that there sh…