Home / Browse / Ch. 235 / §235-32
§235-32
Apportionment; property factor; average value
Fraud & financial crimes · Chapter 235 — Income Tax Law · Part II. Uniform Division of Income for Tax
The average value of property shall be determined by averaging the values at the beginning and ending of the tax period but the director of taxation may require the averaging of monthly values during the tax period if reasonably required to reflect properly the average value of the taxpayer's property. [L 1967, c 33, pt of §1; HRS §235-32]