Activity Summary Descriptions (2)

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HCTAT ACTIVITY SUMMARY DESCRIPTIONS Filing Frequency How often you are required to file periodic returns: ACCMTH – Monthly ACCQTR – Quarterly ACCSEM – Semiannual Filing Period The appropriate numeric (six digit) Year, Month and Day for the last month of the filing period (e.g., Month of January 2023 = 2023-01-31; Quarterly Period of January through March 2023 = 2023-03-31; Semiannual Period of January through June 2023 = 2023-06-30). Received Date Effective date of transaction used by County of Hawaii to calculate any penalty or interest. Description Transaction description (i.e., TA1, TA2, American Express, Discover, eCheck, Mastercard, Visa, Failed, Refunded, Exclusion, Rollover, Write Off, etc.). 1 Taxable Proceeds Includes amounts paid to you in the form of cash, goods, or services as compensation for furnishing a transient accommodation without any deductions for costs incurred in the operation of the transient accommodation. Taxable proceeds also includes amounts received for entering into arrangements to furnish transient accommodation and amounts received for mandatory resort fees. The Taxable proceeds do not include the amounts reported under Timeshare Occupancy. County Exclusions Includes amounts approved by the County of Hawaii to be excluded from the transient accommodations tax which are described at www.hawaiicounty.gov/tat FAQS “What about bookings made in advance before the effective date”. 2 Timeshare Occupancy The unit’s fair market rental value to be used in calculating the transient accommodations tax on time share occupancy (TSO tax) at the rate of 3%. HCTAT Hawaii County Transient Accommodations Tax calculated at the rate of 3% on the Taxable Proceeds and Timeshare Occupancy less any approved County Exclusions. Penalty and Interest Paid Amounts collected from taxpayers attributed to penalties and interest. Penalty and interest shall be added to and become a part of the County tax in the same manner as penalties and interest are added to and become part of the State 3 transient accommodations tax. Penalty and interest may be calculated when transactions are received. Penalty and interest may be assessed and billed separately. Total Periodic HCTAT (TA1) Sum of HCTAT calculated at the rate of 3% using the Taxable Proceeds and Timeshare Occupancy reported on TA1 less any approved County Exclusions. 1 State of Hawaii, Department of Taxation – Form TA-1/TA-2, Line 3, column C. 2 State of Hawaii, Department of Taxation – Form TA-1/TA-2, Line 7. 3 Hawai’i County Code §2-267.