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§235-30
Apportionment; property factor
Fraud & financial crimes · Chapter 235 — Income Tax Law · Part II. Uniform Division of Income for Tax
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. [L 1967, c 33, pt of §1; HRS §235-30]