Loading...
HomeMy WebLinkAboutCOM 0150.013 2010-2014 .: .... 1.7 E q > NEIL ABERCROMBIE 1959 .y GOVERNOR ` �*rx,,� RICHARD C.LIM r �xM DEPARTMENT OF BUSINESS DIRECTOR f !lb444�N / r ,, ECONOMIC DEVELOPMENT & TOURISM • . 5".•'�4',1 No.1 Capitol District Building,250 South Hotel Street,5th Floor,Honolulu,Hawaii 96813 Telephone: (808)586-2355 •.°°•... w•° O ... p•, Mailing Address: P.O.Box 2359,Honolulu,Hawaii 96804 Fax ' (808)586-2377 Web site: www.hawaii.gov/dbedt HAWAII ENTERPRISE ZONES (EZ) PARTNERSHIP INITIAL APPLICATION FOR BUSINESSES ;_ 1 J 7 A business interested in participating in the Hawaii EZ Program first must complete this initial application(form EZ1).Your eligibility for EZ tax and other benefits will begin when this application is approved.However,approval of this application does not guarantee that your business will qualify for EZ benefits each year.At the end of each tax year,a report form will be provided to you for submission of the information necessary to determine if your business has satisfied the annual gross receipts and hiring requirements.The information you provide is considered proprietary and confidential in the same way that your tax returns are confidential. This application has three parts: I. Background Data II. Tax and Employment Information IIL Declaration Section I,Background Data,will be used to verify that your business is eligible for EZ benefits and that your business is actually located in an EZ.This information will also be used to monitor the types of businesses that participate in the EZ program so the overall value of the program can be measured. Section II,Tax and Employment Information,will be used to verify the value of the state tax benefits you claim and the number of employees you report.This information will also be used to monitor the financial impact of the EZ incentives on both the tax liability of participating businesses as well as on state tax revenues(relative to the number of persons hired and the unemployment rate in each EZ)in order to determine the cost-effectiveness of the program. Section III,Declaration,must be signed by a person authorized to act on behalf of the business. An authorized person would be a sole proprietor,a partner,or an officer of a corporation. When completed,make a copy of the application for your own records and send or take the original to your County EZ coordinator at the address listed on the back of this page.After verifying that your business is or will be located in an Enterprise Zone,your County EZ Coordinator will forward your application to the State EZ Coordinator who will determine if your business is eligible to participate. QUESTIONS?You can call the State Enterprise Zones Coordinator at(808)587-2772,or the County Enterprise Zone Coordinators at the numbers listed on the following page. (ir■ 4sr.,AO` Comm.No. i5e. JANE HORIKE Ref.To: PAPR G Economic Development Specialist Ref. Date 1 2013 County of Hawaii Tel.(808)961-8496 Research and Development Fax.(808)935-1205 25 Aupuni Street,Room 1301 jhorike @co.hawaii.hi.us LI:1.. U.....�.':OR77n hHn•J/un.,u Mmwoiirn,rnknr,nriri not HAWAII STATE AND COUNTY ENTERPRISE ZONES COORDINATORS CONTACT INFORMATION State of Hawaii Department of Business,Economic Development&Tourism P.O.Box 2359 Honolulu,Hawaii 96804 Wayne Thom Phone: (808)587-2772 Fax:(808)586-2589 Email: wthom@dbedt.hawaii.gov Marlene Hiraoka Phone: (808)587-2758 Fax:(808)586-2589 Email: mhiraoka(aidbedt.hawaii.gov County of Hawaii Jane Horike Department of Research and Development County of Hawaii 25 Aupuni Street,Room 1301 Hilo,Hawaii 96720 Phone:(808)961-8496 Fax:(808)935-1205 Email:jhorike(a,co.hawaii.hi.us County of Kauai George Costa,Director Office of Economic Development County of Kauai 4444 Rice Street,Suite 200 Lihue,Hawaii 96766 Phone: (808)241-4949 Fax:(808)241-6399 Email: gcosta(alikauai.gov County of Maui Teena Rasmussen Economic Development Coordinator County of Maui 2200 Main Street, Suite 305 Wailuku-Maui,Hawaii 96793 Phone: (808)270-7710 Fax:(808)270-7995 Email: teena.rasmussen @co.maui.hi.us City&County Pablo Venenciano of Honolulu Planner Office of Special Projects Department of Community Services City&County of Honolulu 711 Kapiolani Blvd., Suite 1422 Honolulu,Hawaii 96813 Phone: (808)768-5861 Fax: (808)768-1251 Email: pvenenciano(a honolulu.gov I. BACKGROUND DATA A. Application date B. Business Name(used for tax purposes) C. Type of Business (check one) ❑ C-Corporation ❑ S-Corporation ❑ Limited Liability Corporation(LLC) ❑ Partnership ❑ Sole Proprietorship D. Date Business Was Established E. Location Where Business Was Originally Established(town or city, state and/or country) F. 1) Main Branch or Headquarters Address 2) Mailing Address(if different from above) 3) Enterprise Zone Establishment Address(if different from Main Branch or Headquarters)and Tax Map Key number Form EZ1 Rev. 12//2010 BACKGROUND DATA (continued) G. Date Enterprise Zone Establishment Began Operations(if different from date business was established). H. Contact Person: Title: Telephone: Fax: Email: I. Trade or Business(activities at EZ establishment). Check one or more. ❑ Agricultural production or ❑ Medical research, clinical trials, and processing telemedicine ❑ Manufacturing ❑ International business management training or environmental remediation technician training ❑ Wholesaling ❑ Biotechnology research,development, production or sales ❑ Aviation and/or Maritime ❑ Repair or maintenance of assistive repair and/or maintenance technology equipment used by disabled persons ❑ Telecommunication 0 Certain types of call centers(bill collection, switching and delivery disease management,disaster management, product fulfillment,and/or customer support for computer hardware or software manufacturers) ❑ Information technology ❑ Wind energy production design and production J. Product(s)or Service(s)Provided by EZ Establishment Form EZ1 Rev. 12/2010 H. TAX AND EMPLOYMENT INFORMATION NOTE:When providing the information requested below,leave"All Hawaii Operations"blank if your EZ establishment is your only operation in Hawaii.Also leave blank any questions that request information for a year during which your EZ establishment and/or other Hawaii operations did not exist. A. Fiscal/tax year start date Month Day B. Annual gross revenues for most recent tax year ending (Insert date) EZ Establishment $ All Hawaii Operations$ C. Hawaii General Excise Tax payment EZ Establishment $ All Hawaii Operations$ D. Most recent annual Unemployment Insurance premium payment EZ Establishment $ All Hawaii Operations$ E. Most Recent Annual Hawaii State Income Tax payment EZ Establishment $ All Hawaii Operations$ F. Income Taxes Paid to Other States(if any)in most recent tax years(NOTE:This information is necessary only if you did not pay any Hawaii State Income Tax in most recent tax year.) 20 State(s)EZ Establishment$ All Hawaii Operations$ G. Real Property Taxes Paid as Owner,Lessee,or Tenant on Property located in the Enterprise Zone: Most Recent Year 20 $ Previous Year 20 $ Previous Year 20 $ H. Average Monthly Payroll(three most recent tax years): Most Recent Year 20 EZ Establishment$ All Hawaii Operations$ Previous Year 20 EZ Establishment$ All Hawaii Operations$ Previous Year 20 EZ Establishment$ All Hawaii Operations$ I. Current Number of Full-Time Employees at EZ Establishment J. Participation in any County,State or Federal Government-funded Programs(check appropriate): ❑ Job Training ❑ Business Loans ❑ Other(Please specify) ❑ None Form EZI Rev. 12/2010 III. DECLARATION I,the undersigned representative of the business firm for which this Application is being submitted, declare that this Application has been examined by me and is,to the best of my knowledge,an accurate statement. PRINT NAME OF APPLICANT: Signature of Applicant: Applicant's Title or Position: Applicant's Taxpayer Identification or Social Security Number: COUNTY: APPROVED DISAPPROVED DATE DBEDT: APPROVED DISAPPROVED DATE QUESTIONS?You can call the State Enterprise Zones Coordinator at(808)587-2772, or the County Enterprise Zone Coordinators at the numbers listed on Page 2 of this application form. Form EZ1 Rev. 12//2010 ENTERPRISE ZONE PROGRAM PROVIDES BENEFITS TO PARTICIPATING AGRICULTURAL BUSINESS EXPERIENCEING A FORCE MAJEURE EVENT Participants of the Enterprise Zone (EZ) Program engaged in agricultural production or processing experiencing hardships due to any force majeure event will remain eligible for all tax incentives under the EZ Program for the duration of time while experiencing the effects of a force majeure event under Act 143. The seven-year eligibility period is also extended by an equivalent period of time. A force majeure event includes damaging weather such as drought, high winds, thunderstorm, flood, tidal wave, hurricane or natural disasters such as epidemic disease, pest outbreak, vog, fire, earthquake, lava flow or any event beyond the control of, and not attributable to neglect by, an agricultural business. The Department of Business Economic Development and Tourism (DBEDT) has entered into a partnership with the College of Tropical Agriculture and Human Resource (CTAHR) to assist agricultural businesses complete the required form to qualify for force majeure benefits. Contact the EZ County Coordinator, Jane Horike at(808) 961-8496 for the Annual Force Majeure Claim Form and information regarding Cooperative Extension Staff. You can also obtain the form at www.hawaii.gov/dbedt/ez/forms For information about the Enterprise Zone Program and benefits provided by the program, contact County Coordinator Jane Horike at (808) 961-8496 or State Coordinator Marlene Hiraoka at(808) 587-2758. Application forms, maps, and general information on Enterprise Zone Program are also available on-line at www.hawaii.gov/dbedt/business/programs/ez. DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT & TOURISM `' Enterprise Zones Partnership Program ANNUAL CLAIM FOR ENTERPRISE ZONE BENEFITS IN THE EVENT OF A FORCE MAJEURE EVENT Section 209E-14,Hawaii Revised Statutes Date: Part A-GENERAL INFORMATION Producer's name: Producer's address: Telephone number: Email address: Part B-NOTICE OF LOSS Crop(s) name: What force majeure event(s)caused the loss? Beginning date of event : Estimated end date of being (MM-DD-YYY) affected from the event,to restart program:(MM-DD-YYY) Total crop acreage: Affected acreage: Explain how your company was affected by a force majeure event. Market value of all crop(s) not affected by the Estimated loss of income: force majeure event: Today's Date (MM-DD-YYYY): Signature By signing above, I authorize the University of Hawaii College of Tropical Agriculture and Human Resources(CTAHR), the State of Hawaii and the respective County to inspect my place of business. DO NOT FILL-(to be completed by CTAHR) Q ' Date of assistance: Name of Agriculture Extension Agent (Please print): 0 0 FOR OFFICIAL USE ONLY COUNTY: DATE RECEIVED COUNTY:APPROVED (please initial) DBEDT-EZ Program Email: P.O. Box 2359 wthom@dbedt.hawaii.gov Honolulu, Hawaii 96804 Telephone:(808)587-2772 Fax: (808)586-2589 Form EZ-5 Rev.9/2010 College of Tropical Agriculture & Human Resources University of Hawaii at Manoa Agriculture Extension Agents COUNTY OF HAWAH Komohana Research Extension Center 875 Komohana Street Hilo,HI 96720 tel: (808)981-5199 fax: (808)981-5211 komohana@ctahr.hawaii.edu Name Title Phone Number Email Address Nagata, Russell County Admin (808)969-8209 russelln @hawaii.edu DuPonte, Michael Co Extn Agent (808)969-8218 mduponte @hawaii.edu W Kawabata, Andrew Assoc Extn Agent (808)969-8251 kawabataa @ctahr.hawaii.edu F Nishina, Melvin S Assoc Extn Agent (808)969-8264 mnishina @hawaii.edu Sako, Glenn Asst Ext Agent (808)969-8252 gsako @hawaii.edu Sato, Dwight M Co Extn Agent (808)969-8271 dwights @hawaii.edu Settlage, Rebecca Asst Ext Agent (808)969-8213 settlage @hawaii.edu Sewake, Kelvin T Co Extn Agent (808)969-8211 ksewake @hawaii.edu Zee, Julia M Assoc Extn Agent (808)969-8212 zee @hawaii.edu Kamuela Extension Office 67-5189 Kamamalu Road Kamuela,HI 96743 tel: (808)887-6183 fax: (808)887-6182 kamuela@ctahr.hawaii.edu Name Title Phone Number Email Address Hamasaki,Randall T Co Extn Agent (808)887-6183 rth @hawaii.edu Kona Extension Office 79-7381 Mamalahoa Highway Kealakekua,HI 96750 tel: (808)322-4892 fax: (808)322-4895 kona@ctahr.hawaii.edu Name Title Phone Number Email Address Bezona,Norman Emeritus (808)3224892 bezona @hawaii.edu Chong, Joan L Asst Ext Agent (808)322-0166 jchong @hawaii.edu Fukumoto, Glen K Co Extn Agent (808)322-0165 gfukumot @hawaii.edu McDonald,Ty G. Asst Ext Agent (808)322-4884 tym @hawaii.edu Enterprise Zones Partnership Program Force Majeure Claim Process Agricultural company contacts the EZ County Coordinator regarding possible force majeure event. 1 Questions& Follow-up Application EZ County Coordinator provides EZ Form(EZ5), NM cation mc�mNlete ♦_ to company to complete. County Coordinator introduces company to Ag Extension Agent. Completed application claim form submitted to EZ County Coordinator. DBEDT receives and approves or disapproves claim form. 4 4110 1 1 DBEDT will issue letter of approval of the DBEDT will issue letter to company force majeure to EZ company disapproving claim application 5b 1 1 DBEDT will submit copy of approved claim DBEDT will submit copy of disapproved 6a to EZ County Coordinator letter and claim application to EZ County (610 Coordinator 1 410 DBEDT will retain copy of all approved DBEDT will retain copy of all documents 7b documents and notification letter and notification letter 0▪ F jyti ._•.••. q NEIL ABERCROMBIE •`•••19 5 g •,•q" 0 GOVERNOR " ° • • " = DEPARTMENT OF BUSINESS RICHARD C.LIM , DIRECTOR ECONOMIC DEVELOPMENT & TOURISM No 1 Capitol District Building,250 South Hotel Street,5th Floor,Honolulu,Hawaii 96813 Telephone: (808)586-2355 Mailing (808)586-2377 Mailin Address: P.O.Box 2359,Honolulu,Hawaii 96804 Fax Web site: www.hawaii.gov/dbedt HAWAII ENTERPRISE ZONES (EZ) PARTNERSHIP END-OF-YEAR REPORT FORM This is the End-of-Year report form(Form EZ2).It includes two sections,A and B that need to be completed and submitted to your county EZ coordinator by the dates indicated below: SECTION A. GROSS REVENUE AND HIRING INFORMATION(Please submit within 30 days after the end of your tax year if possible.Later submissions are acceptable as long as you allow sufficient time for processing prior to your tax filing deadline or prior to any deadline for amending past tax returns). SECTION B. TAX AND PAYROLL INFORMATION(Please submit within 30 days after filing your state income and excise tax returns for the full or partial tax year for which you wish to claim EZ tax benefits). CHANGES IN THE LAW APPLICABLE TO NON-AG EZ COMPANIES Effective 7/1/2008: 1. You may include leased employees or PEO's towards your employment count if they were employed with you full-time for at least a year prior to the end of the reporting period. 2. For businesses classified as"existing"the hiring requirements have changed.An increase of staff by 10%by the end of the 1st year,and at least 15%in years 4,5,6,and 7. 3. There were several additional provisions,however,they relate to ag producers.For a complete description see www.hawaii.gov/dbedt/business/programs/ez under Act 143. Effective 7/1/09: 1. For qualification purposes,you may count gross receipts attributable to the active conduct of trade or business within enterprise zones located within the same county. 2. For qualification purposes,you may count full-time employees employed within enterprise zones located within the same county. 3. The transfer of title of tangible personal property sold within an enterprise zone shall take place in an enterprise zone located within the same county in which the property is sold. CHANGES IN THE LAW APPLICABLE TO AG PRODUCER OR PROCESSORS Effective 7/1/2008: 1. You may include sales from value-added agricultural products to calculate line A.5.This will count towards certification only.You still owe GET on the value-added agricultural retail sales. 2. You may include leased employees in your count if they were employed with you for at least a year prior to the end of the reporting period. 3. In the event of a force majeure,(natural disaster)please notify us immediately or within 30 days.You may still be eligible to receive EZ benefits during this period. 4. For businesses classified as"existing"the hiring requirements have changed.An increase of staff by 10%by the end of the 1st year,and at least 15%in years 4,5,6,and 7. 5. In lieu of hiring more workers(line A.6),total gross sales must increase by at least 2%. Effective 7/1/09: 1. For qualification purposes,you may count gross receipts attributable to the active conduct of trade or business within enterprise zones located within the same county. 2. For qualification purposes,you may count full-time employees employed within enterprise zones located within the same county. 3. For qualification purposes,you may count gross sales of agricultural crops produced,or agricultural products processed within enterprise zones located within the same county. 4. The transfer of title of tangible personal property sold within an enterprise zone shall take place in an enterprise zone located within the same county in which the property is sold. If the requirements are met,you will be issued a certification letter.Attach copies of the certification letter to your general excise and state income tax forms when they are filed.(Note:You will also need to include State of Hawaii Tax Department Form N-756 and N-756A for corporations with your State income tax return.)Thus,it is important to submit this report prior to your general excise and State income tax filing deadlines. If you do not qualify,you will also be notified and you will be required to pay all taxes due when you file. You should submit Section B to your county EZ coordinator within 30 days after filing your tax returns. Only a person authorized to act on behalf of the business is permitted to sign each section. QUESTIONS?Contact the State Enterprise Zones contacts listed on the last page. Form EZ-2 12/2010 BUSINESS NAME For full or partial tax year beginning and ending (date) (date) SECTION A: GROSS REVENUE INFORMATION: Reminder:Both the EZ general excise tax exemption and the EZ income tax credits apply only to taxes due on gross revenues from EZ-eligible transactions within a zone.Also,if you are applying for EZ benefits for a partial tax year,only revenues from those months during which your EZ establishment was eligible to participate in the EZ program should be used. 0.5%(Wholesale)GENERAL EXCISE TAX RATE: A. 1 $ Total gross revenues from all wholesale transactions,both inside and outside the zone,attributed to your EZ establishment during the full or partial tax year for which you wish to qualify for EZ tax benefits.(Maps are available online) A.2 %Percentage of A.1 from transactions recorded inside the zone. 4% (Retail) GENERAL EXCISE TAX RATE PA A.3$ Total gross revenues from all retail transactions,both inside and outside the zone, attributed to your EZ establishment during the full or partial tax year (number of months)for which you wish to qualify for EZ tax benefits. (Maps are available online) F A. 4 %Percentage of A.3 from transactions recorded inside the zone. wA.5 %Percentage of A.3 from EZ-eligible transactions including receipts from value-added products made from crops grown within an enterprise zone. A.6. For ag producers taking advantage of the 2%increase in sales in lieu of hiring more employees: $ Total gross revenues(wholesale and retail transactions) %Percentage of A.1 and A.3 from transactions recorded inside the zone. HIRING INFORMATION: Please provide the following information. A. 6 Average number of full-time employees at your EZ establishment. (Add the number offull-time employees and full-time leased employees(employed for at least 1 year)during each pay period, and divide by the number of pay periods during the full or partial tax year for which you wish to qualify for EZ tax benefits.)Full-time =20 hours or more weekly. Form EZ-2 12/2010 CONTRACTOR EXEMPTION FROM GENERAL EXCISE TAX: A.7 If any licensed contractor(s)as defined in Chapter 444 of the Hawaii Revised Statutes—did construction or major renovation/repair work at your EZ site during the time period covered by this report,and the contractor(s)claimed the EZ contractor exemption from general excise tax for that work, please list the total amount paid by your firm for EZ-eligible contracting work at your EZ site during the time period covered by this report.$ A.8 Please specify county EZ incentives and describe the type and dollar value(if any)you claimed during the full or partial tax year covered by this report.(Please list"none"if appropriate.) PLEASE SUBMIT SECTIONA WITHIN 30 DAYS AFTER THE END OF THE FULL OR PARTIAL TAX YEAR COVERED BY THIS REPORT. BUSINESS NAME MAILING ADDRESS NAME(please print) TITLE SIGNATURE (Owner or authorized agent) DATE PHONE FAX EMAIL ADDRESS FOR OFFICIAL USE ONLY COUNTY:DATE RECEIVED COUNTY:APPROVED (please initial) Form EZ-2 12/2010 BUSINESS NAME For full or partial tax year beginning and ending (date) (date) SECTION B: TAX AND PAYROLL INFORMATION NOTE: When providing the information requested below,leave"All Hawaii Operations"blank if your EZ establishment is your only operation in Hawaii.Also leave blank any questions that request information for a year during which your EZ establishment and/or other Hawaii operations did not exist. B. 1 Total value of EZ exemption from general excise tax on EZ-eligible revenues for the time period covered by this report.$ B.2 Unemployment Insurance premiums paid during the full or partial tax year for the time period covered by this report. EZ Establishment$ All Hawaii Operations$ B.3 Total value of EZ income tax credits claimed for time period covered by this report. B.4 Real property taxes paid as Owner,Lessee,or Tenant on property located in the Enterprise Zone during the time period covered by this report. B.5 Average monthly payroll during the time period covered by this report. EZ Establishment$ All Hawaii Operations$ PLEASE SUBMIT SECTION B WITHIN 30 DAYS AFTER FILING STATE GENERAL EXCISE TAX AND INCOME TAX FORMS FOR THE TIME PERIOD COVERED BY THIS REPORT BUSINESS NAME MAILING ADDRESS NAME(please print) TITLE SIGNATURE Form EZ-2 12/2010 (Owner or authorized agent) DATE PHONE FAX EMAIL ADDRESS FOR OFFICIAL USE ONLY COUNTY:DATE RECEIVED COUNTY:APPROVED (please initial) Form EZ-2 12/2010 `- NEIL ABERCROMBIE F.;y-q GOVERNOR P u 1959 -9): /%63, l RICHARD C.LIM '' �� .?. DEPARTMENT OF BUSINESS DIRECTOR 5u �'' _ ECONOMIC DEVELOPMENT & TOURISM MARY ALICE EVANS Ky. _ ' V i l DEPUTY DIRECTOR __l'�_°t•..;�-'T� Mawr"� L c}si - .a< No.1 Capitol District Building,250 South Hotel Street,5th Floor,Honolulu,Hawaii 96813 Telephone: (808)586-2355 ',e• ....,...••....0,,,,,:„' Mailing Address: P.O.Box 2359,Honolulu,Hawaii 96804 Fax - (808)586-2377 "`• _ Web site: www.hawaii.gov/dbedt ENTERPRISE ZONE PROGRAM NEWS BULLETIN Act 105 Suspension of General Excise Tax Exemption for Enterprise Zone Companies Act 105 suspends the General Excise Tax exemption for gross proceeds received by qualified businesses in enterprise zones,that do not have valid certificates of qualification from the Department of Business,Economic Development,and Tourism(DBEDT),effective July 1,2011 through June 30,2013.This law will affect new companies enrolling in the Enterprise Zones(EZ)program during the period July 1,2011 through June 30,2013. This law may not affect companies currently enrolled in the EZ program that continue to meet EZ hiring,sales, and revenue requirements. Suspension of General Excise Tax Exemption for Licensed Contractors Act 105 suspends the General Excise Tax exemption for gross proceeds received by contractors licensed under Hawaii Revised Statutes Chapter 444 for construction within enterprise zones performed for qualified businesses within the enterprise zones or businesses approved by DBEDT to enroll in the EZ program is suspended effective July 1,2011 through June 30,2013. This law affects licensed contractors doing work for EZ companies in enterprise zones effective July 1,2011. Information contained in this announcement should not be construed or relied upon as legal tax advice. You are advised to consult your company's legal and tax advisors. HAWAII ENTERPRISE ZONES PARTNERSHIP INFORMATION FOR BIG ISLAND BUSINESSES INTRODUCTION The Enterprise Zones (EZ) partnership is a joint state-county-business effort intended to stimulate via tax and other incentives certain types of business activity and job creation in areas where they are most appropriate or most needed. If your business (or a branch of your business) is eligible and is located in an EZ, you can reduce your state taxes and receive other benefits from Hawaii County for up to seven years by satisfying the EZ hiring and gross receipt requirements. Portions of the following areas have been designated as Enterprise Zones: Hamakua North Kona Hilo-Puna South Kona Ka'u North Kohala Note: EZ maps online at: http://www.hawaii.gov/dbedt/business/programs/ez ELIGIBLE BUSINESSES To be eligible for Enterprise Zone benefits, at least half(50%) of your firm's annual gross income in an EZ must be from one or more of the following activities: ➢ Agricultural production or processing; ➢ Manufacturing; ➢ Wholesaling/distribution; ➢ Aviation or maritime repair or maintenance; ➢ Repair or maintenance of assistive technology equipment used by the disabled; ➢ Telecommunications switching and delivery systems; ➢ Biotechnology research, development, production, or sales; ➢ Certain types of call centers, such as bill collection, technical support for computer hardware & software manufacturers, disease management services, product fulfillment services, or disaster management services; ➢ Information technology design and production (mass produced or customized computer software); ➢ For-profit training programs in international business management or environmental remediation; ➢ Medical research, clinical trials, and telemedicine; ➢ Wind energy production. Almost all other businesses are not eligible for EZ enrollment, including retailing, professional services, and firms which build, maintain, or repair real property, such as custodial, construction, painting, HIRING REQUIREMENTS All eligible businesses must also increase their average annual number of full-time employees. All businesses must already employ at least one full-time (20 or more hours per week)worker at their EZ establishment before beginning participation. "Existing"businesses: Businesses already in an EZ must increase their average annual number of full-time employees by at least 1 person or 10%, whichever is greater, in the first year. The average annual number of full-time employees must also increase by at least 15% annually in years 4 to 7. "New"businesses:Businesses that start up in, or move to, an EZ must increase their average annual number of full-time employees by at least 1 person or 10%, which ever is greater in the first year. The average annual number of full-time employees in the years 2 to 7 may fluctuate, but cannot be less than the average number of employees required in the first year. INCENTIVES State Benefits: Businesses which satisfy all requirements will qualify for the following state tax benefits for up to 7 to 10 consecutive years: ➢ 100% exemption from the General Excise Tax (GET) every year. The GET exemption applies only to gross revenues from EZ-eligible business categories within an EZ. ➢ An 80% non-refundable income tax credit the first year. This credit diminishes by 10% each year for 6 more years and will remain at 20% for the 3 year extension. ➢ An additional non-refundable income tax credit equal to 80% of annual Unemployment Insurance premiums the first year. This credit diminishes by 10% each year for 6 more years and will remain at 20% for the 3 year extension. NOTE: GET exemption and income tax credits apply only to revenues derived from EZ-eligible activities. The two income tax reductions combined cannot exceed 100% of income tax due. County Benefit: Hawaii County will offer eligible businesses a 3-year exemption from any increase in property taxes resulting from new construction in enterprise zones. State Benefits: Licensed contractors and sub-contractors are also exempt from GET on their revenue from construction done within an EZ for an EZ-enrolled business. New Legislation as of July 1, 2008 • Agricultural businesses may increase gross sales by 2% annually instead of the hiring requirements and may use the income from value-added products towards certification • A force majeure clause allows agricultural producers and processors to receive EZ benefits in the event of a natural disaster • Leased employees or employees hired under a joint employment contract may be counted as full time employees New Legislation as of July 1, 2009 • Extended the EZ tax credits and exemptions, for businesses engaged in the manufacturing of tangible personal property or in the producing or processing of agricultural products, for an additional three years. • Allow the receipts, sales, and employees of a business's establishments in all enterprise zones located within the same county to count towards qualification requirements. HOW TO PARTICIPATE For more information, call the Hawaii County Department of Research and Development coordinator at 961-8496 or contact the State of Hawaii Department of Business, Economic Development, and Tourism EZ coordinator at (808) 586-2593 or visit www.hawaii.gov/dbedt/programs/ez. Rev. 4/27/2010 = = u— CM ® r `ar- -- N N N N °a 7 --- U N Wt 0 0 gc,� w U) _ ,h 0 �V +� � '� ,;•---...%-6,,°,t5,1.8 C -s_. 4- 'c6 C s o ' SEEM d C a m rt. I. o (A 0 co . ryc.§-.5E? ,_ n� N N Q J.--5--;—„. O = Fa-n=1'22ow°w`gw 'AL% fD' L o i �,"'I.e LU QQwcf a '� L =SA`vim► Cs 3� ;`, p et i I 5 057,44 � / z ,'kt , ,..,)\‘', u w'.ten, ' 44 ,"„)% ,„,-' , . , , ,11111iiiir i ---..:-----:+-7-':\/—';'" ,,',N f U ti 7 s U Y M 0 o N_ in o - HAWAII ENTERPRISE ZONE PROGRAM Business Participation Guidelines Initial 1. Complete and submit EZ application form to County f sCoordinator.r our application to the verify that your business is EZ eligible and will Department of Business, Economic Development, and Tourism (DBEDT). 2. DBEDT will notify you if your EZ application is approved. If approved, your 84-month period of eligibility will begin on the first day of the month following your approval date. Annual 1. Allocate and apportion gross receipts from. EZ-eligible activities that take place in the zone throughout each tax year. Eligible activities include: manufacturing; wholesaling; agriculture; aviation and maritime cleaning, repair, and maintenance; telecommunications switching and delivery systems; information technology design and production; medical research, clinical trials, and telemedicine; and/or for-profit training programs in international business management or environmental remediation. 2. Keep track of your number of full-time employees during each pay period throughout each tax year. (Full-time = 20 or more hours per week per pay period.) 3. Complete and submit the end-of-year report form to the County within one month following the end of each tax year. The County will forward the report to DBEDT. 4. DBEDT will review the report to determine if your business has satisfied the EZ hiring and gross receipts requirements. Upon approval, DBEDT will return a certification form to you and the County before your tax-filing deadline. 5. Attach copies of the certification form to your state general excise tax reconciliation form and your state income tax return. 6. Also complete and attach State Tax Department Form 756 (enterprise zones tax credit) to the state income tax return. 7. Contact your county EZ coordinator for instructions on how to claim the county's EZ tax benefits, if any. If you have any qustions, the DBEDT Enterprise Zones partnership coordinator can be reached at: Oahu: 586-2593 Hawaii: 974-4000 Maui: 984-2400 Kauai: 274-3141 • Molokai and Lanai: 1-800-468-4644 (If calling from the Neighbor Islands, dial 6-2593 after you have reached the number you dialed for your respective island - these numbers are toll free and will transfer to the State Enterprise Zone Coordinator.) HAWAII ENTERPRISE ZONE PROGRAM Construction Incentives Businesses are eligible for the State construction benefit and the Hawaii County tax benefit as a participating business in the Enterprise Zone Program. STATE CONSTRUCTION BENEFIT: Licensed contractors and sub-contractors are exempt from GET on their revenue from construction done within an EZ for an EZ-enrolled business. HAWAII COUNTY TAX BENEFIT: Three-year exemption from any increase in property taxes resulting from new construction by EZ firms at their EZ sites. SCHEDULE OF TAX FORMS AND DBEDT LETTER ATTACHMENTS It` N:7,.r3.'b .r9 X f WhY,: �&.°.' 0 �F,qz n`' ��✓ DBEDT LETTERS� } f Y ' 5y � � 1 w %' . E . F. k� End-of-yr r 0 ° !a! a« 1 ; Congratulatory Certification G, g.. �« g' f, `' 0;z ° ' , letter letter *Construction Companies X X X All EZ Companies- GET pmt X X EZ Company Indiv Owner X X X X X EZ Company Corp Owner X X X X X X - *Note: Construction companies are not eligible to join the EZ program, however, they can do construction jobs for EZ cos. Created 11/8/2007 ** For EZ company, no letter to attach ** For contractors-attach Congratulatory letter. FORM G-45 WEB STATE OF HAWAII—DEPARTMENT OF TAXATION DO Nor mum W TI#S AREA 10 GENERAL EXCISE/USE IR ! i! ' TAX RETURN AIO71 Fill in this oval ONLY if this is an AMENDED return _:" Mouth CD Quarter Cr Semiamuai M U Y y NAME: PERIOD ENDING 6 W HAWAII TAX I.Q.NO.W € Last 4 - d your FEIN or SSN [ 1 €� 1 Column a Column b Cdunn c BUSINESS VALUES.GROSS PROCEEDS DIEMPTIONSDEDUCTICMS TAXABLE INCOME ACTIVITIES OR GROSS INCOAAE (Attack Sahedlle GE) (Cdtmi a alma Cduaet b) PART I-GENERAL EXCISE and USE TAXES 0 l4 OF 1 •us 1. rnteels ' cI 1L - _ t I � I t ffi ffl 3. PIdI sag i s 1 ..j... , i , , S< . . > !. l i 1 i r i : t 4. INPodeeala g swam $ 1 3 f # d 8 '� N�• s cp 5. Uee Tax on ¢II S . �N Fix Resale q_ 1 1 L i i , # .,.f_._i... - S Madam AClrlleed _ #__, 63 Disabled Pawns Q ' :,I , ' € t , # I I 5 7. Sum eMPartl•• e(Tamable Imm )—Gam the malt ham and an Pao 2 Men.CdItdn(a) •()a+ 5 PART U- .4`ERAL EXCISE and USE TAXES 0 4%(.04) . e •: L i s r ` d t ` .�i , ... '"' To adjust eeI icasIn3,ablg 1 - -1 1 iii Nottesbad .. , I # ! ! ., .- I i O your GET, i enter the e _..l,w # t'_ . . ,_ „ # 4 to i._y a o amount of ' Afroxmescl __ f t,__t i , # ' r t ' , # � i ..t.-� !I.. 1-i._ 1 ; *4,• revenues s.._._ _I_ 1_-_ . attributable to —. = I-1-1— ... ,..., . 1 1 .y, .....,. ` I , '. , i 'I ' c3 _1 ` . your eligible � L. ` �..��:�., t_. �. . ,. w.�, . .�,, �.-�,.W.� . � i , .. E EZ activities. Deer Ream i ( i__. f I ¢ i . y f 1-_ k .I_ - I f __.i_ I i _.. i i _1 I t Nvi s f "—mom...... ten. 3 a ,. b.e. , ls.Merest and { 1 i .. -+✓:+r�...a r--....�.. s.-...'� — a r.+.,ow_... I .-... i I me 16.UmeT1x t...1.$ 1 _r_ s -11 t . _ _f _ — For i - ± .. u i ... i t v b i rz.- 17.Sum el Part I,Coamma(Taxable maxi—Eater tiemdihere and an Pap 2 Me 22 Ccitran(a) I .0—(TO DECLARATION-1&dank usduldwapmaios sot tat ill/Slake mi.a6,HRS.Met daram eaT saddle or )I�ban msaiaodbirwo and teI* dory lwowlito sod IxEd.'sa bus,[coal,aid�istr�emd&m ior*sin powd stew parser*blho Gerard Excise ed Ups Tax Lava,and toalas kaodtheroaador. 1NT$E CAE CFA Cr] tfl7NOaPAE!EH ,THd$E* tlETEsIGNEDBKAN0171:i.PASCRI ORDKLYMR1IORZEDAGENT. ,,,, L t- Continued on Page 2—Parts V& VI MUST be completed Fain G-45�10 Form G-45 Page 2 of 2 WEB Name: 111111 11111 II III 1111 Hawaii Tax ID.Na W — Perbd Erring_/_____ A/072 Last 4*Its of your FEIN or SSN Column a Column b Colimm c BUSINESS VALUES.GROSS PROCEEDS EXEPNTIONSOEDUCTIONS TAXABLE IhCCOK ACTRATI ES OR GROSS INCOME (Ali Scher:Me GE) (Cdurn a minus Cchnin I:•) PART Ill-INSURANCE COMMISSIONS 0.15%(.0015) it IINUI1Iri09 03W4153103 I 14 C3 gnaw Ms anoint at Len Nran PART IV-CITY&COUNTY OF HONOLULU SURCHARGE TAX 0%OF 1%(.005) I 1 64) I 04 111 Oaru Sucharge , MB '0"-$10,` , - EJ Gnat Mk amount on k*24 Column(a) PART V—SCHEDULE OF ASSIGNMENT OF TAXES BY DISTRICT(ALL tars MUST complete his Part and may be subject to a penalp fcancocoaIaceJ Soo Instructials. DARKEN SOD OM ct The Wagon Malact h With you ben conducted business.IF you dd Wanes In MORE THAN ONE disidct,dwloan tie owl SIULTr awl attach Form G-75. 20. CD Oahu CD Maul CD HI/N11 cp scam CID mum PART Vi-TOTAL PERIODIC RETURN 'ROBLE MCCUE tU RUE TOTM.T/A cam Ohm* Wan; Ccbra )X0:42,a(b) 21. Enter me 81110131t from Part I.It*7 .00 x .005 - $ 22. Enter Ihri amount tom Part IL be 17. .00 x .04 - $ 211. Enter me satunt tau Para 11 hie 19,Column C. $ .00 x Z4015 $ 24. Eget tie amount from Past IV,line 19,Column c $ .00 x .006 - $ 25. TOTAL TAXES DUE.Add ccitsnn(c)of Mee 21 through 24 MO alter result here.If you 4'14.K. dal not Have any activity tot U*period.triter'0.00"here 25 I Ion 26. AK101.133 Assessed Dislag the Perbd PENALTY $ (Thr Amermixl&Min ONLY) INTEREST 3 2t 27. TOTAL AMOUNT. Add Ones 25 end 26 27 29. TOTAL PAYMENTS MADE FCA IHE PERIOD(For Aramded Pain ONLY) 21. 1 2 29. CREDIT TO BE REFUNDED. LW,29 terms line 27(Far Ainwleel Rolm ONLY) 29' ADDITIONAL TAXES DUE, Lira 27 minus One 29 for Ainasdad Wren ON.)) IT' -r-r-rjrt PENALTY $ 31. FOR LATE FILING ONLY .4 eirEREsT$ 31. 22. TOTAL AMOUNT DUE AND PAYABLE(00n&ROM*add We 27and 91: rr11-11TP-T-141 Amended Reams.add Thee 90 and 91 32. sa. PLEASE ENTER THE AMOUNT OF YOUR PAYMENT. Attach a chedca mangy order payatie b'HAWAII STAIR TAX COLLECTOR In U.&dollies b Fara G45. Virl*HGE'.the phlod,and your Hanna Tax I.D.No.on your check or money order. 1-1-711-1--1ELI-17 if you are NOT stamoltUng a payment with Vile return.please enter'0.00'here 32. Lid—. as GRAND TOTAL OF EXEMPTIONS/DEDUCTIONS CLAIMED. figitch SOM.*Op 11 Schedule GE Is nct attached eneupecnsedeltilore dated MI be dIsalionva Fars G45 1 0 (Rev.20C9) J. ** For EZ company, attach Certification letter ** For contractors-attach Congratulatory letter. FORM G-49 WEB STATE OF HAWAII-DEPARTMENT OF TAXATION DO NOT VAIITE IN THIS AREA (Rev.2007) 16 GENERAL EXCISEMSE TAX III 11' IIII 1101 ill IIII ANNUAL RETURN& RECONCLUVRON RI 07 1 (TD Fill in this oval ONLY if this is an AMENDED return ta fit 0 0 sr V I-1--1 ,..-,_ t TAX YEAR ENDWG L.,,,L, 1 t , --,,,LL*4 Liat NAME: HAWAII TAX I.D.NO.W[Il_. dts of your RDN or SSN i II i -..• , ,..... Column a Column b Column c BUS1ESS VALLES,GROSS PROCEEDS EXEMPTIONS/DEDUCTIONS TAXABLE INCOME ACTIVITIES OR GROSS INGOT& (Math Schedule GE) (Columba minus Coltrrm 4 PART I•GENERAL EXCISE and USE TAXES 0 1/2 1 (.005) 7 00 „ T Li, . ......, ,... ..., ,....., , _.,..........„ 0 00,, ---1- r--r 1 • 1. Wholattafing tu -1. - •....L....•- <,.• 1 .• ' 0 i ; ce 2 tA . mulacturing 11 i il 111 t■ t , I ■, ' 1 , ., i i i ■ ' L , , (=.3 It - 0 4. Wholesale MI 1 .1' a 1,_j, t , J 1=3 To adjust LX0r1 , your GET, f4,9 ;For• . ,. L. I-. , -L..'. 1 1 L 'LILL # ' C=1 enter the .. t'.Isors Li .1_, _„, _,,,. L i , j* , L. , 1, , i_ i.,„,,:;‘,K, = ..„ .......1 .,...., amount of A Patti.Column c(Tani*Income) -Emerge moult here an d on Page 2,Tine 21,Cob=(a) I .00 I revenues GENERAL EXCISE and USE TAXES 0 4%(.04) attributable to -7- 7 7.1m 7 ° - ;It r-`'.*-- ---1 -I 7 -1.-1-*Alw r-r--7 T 77-T -T-1-"3/1"4 your eligible v LL:Li, , ., ..,..1 L ,',14. '., ', i : . _..., !Iv EZ activities. W i 1 , o "4 i i i ..... a..... ', i ...-.— L....ii _ L .; J ,, 1 1 I 41-ti N•9 (iTJ 10.Contra:Sing 11 1... 1 , 1 _J„,. ,\!„; ' Li_ _ . . ....,2_, : 1 ._ J.,'. ' ..L.11. ' .,-,-if.- li.Theetec Arausernemr 1 I r i ,, ; ' ,7:-/'' r I 1 : I 1 Cn 1 , ...; , and Broadcasting 1 4 , 12 Cannes:ions LI ' , I , I No? s 1 ", , ',.. ...t. ,...- _ j_. C:3 13.Manske! --- -- '-'--' ;.- I --1-1- --- - --1-1 Accomodiribm rkmk I 1 L , , ' f I, i ' 14.Other Rentals I , , • , f , . 1, , , , i , t , i i. .......--..- .........-L.. -.1.......- 15.Interest and 1 AN Ohm 1 i414 , ; ' IM . 1 , n ,51 Li. 1. :: c. .. ,Apx. L-2,-- ---t- ,--,--1.- I - L.4._ ',..., . L... _ 1.--, 16.Use Taxoslaccas r / , r - -1- ' , i vx4-1 - , r 1 ., 0 1 i I f 1 41 L1 t • Forecneumptia ill t t .t.... ...J......z... .- --.. 0 1...1....1 . '; ' ' 17. Sum of Pad 11,Column c(Taxable Income)-Enter the mault here and m Page 2,Tme22,Cobran(a) .00 DECLARATION-I dadare.unix de penalies vet fade is sedias 221-36.HR *lath'mesa(=bias ray soscapasying schedules or ctsternaris)hes bees numiled lox roe ask lothe bed d ay Inowisdp and beret is a tsue,owed.and ccenciete velum"ode in good felh fatIketu Feld stated,pucuart b the &wend Elapse and Un Tas Lam Aux,Ite rubs issueddeseunder. ItnE WE OF A 031FPORATION OR RUTINERSHP,, ..„ 4 THIS REIURI,,m MIUSIBESG119343,(111 ORrEf I.. PARTNER CR MEMBER OR OILY AUTHOFWED AGENT. 1...... '71.,' '''''' Continued on Page 2— Parts V & VI MUST be completed Ram G-49 16 Form G-460 Page2of2 WEB � 'I I H I Name: Hawaii T a x I D.Na W — Tax'ter Endnp /_/ 6107 2 Last 4 digits d your FEIN or SSN Column BUSINESS YALE PROCEEDS EXEGMP Column b TAXABColumn c um] LE!NICOLE ACTMIIES OR GROSS INCOME (Attach Schedule GE) (Column a minus Colum b) PART M-INSURANCE COi1WISSIONS .._ . 0.15%(.0015) to hueoe ITT]...... . i Enter las ensue at ine 23,Cdunn(a) PART1V-CITY&COUNTY OF HONOLULU SURCHARGE TAX®/OF 1% '■- _ ttt OalhuSupdrorge ¢ _ ° V t ;d ' 0, Er i i Enter flit amount on fine 24.Column fat PART V—SCHEDULE OF ASSIGNMENT OF TAXES BY DISTRICT(ALL taxpayers MUST complete this Part and may be subjad to a 10%penalty for noncompfanca j See Instructions. DARKEN the oral of the texaion district in ehioh you have conducted tuskless.F youdd business in MORE THAN ONE&aria,dmrien tie oval iair and attach Fora G-m 20. C Oahu CD Maui CD ammo CD Ksuei CD MULTI PART VI-TOTAL RETURN AND RECONCILIATION uxreasem TAX RUE TOW TAX Colaa(a) Okra OS Was(4-Cataa(al x Cobra 0) 21. Enter the amount fora Part!,Ina 7 $ no x 006 = $ 22. Ent fie amount iron Part i,line 17 $ .00 x .04 = $ 2 3. Enter,*amount frora Part■Tune 1e Colum c. $ 60 x.0015 = $ 24. Enter the arsoirnt fan Pan N,Tine 1e,Cobra c S co x ,006 = $ 25. TOTAL TAXES DUE.Add colwm(c)of Imes 21 hough 24 and enter resuk het.If you r--r-T-1-1--r- —1... did not have any activity for the year.enter`0.00"here 25. _ i 1 , ,c_7 26. Anoints Assessed on Periodic Reams. PENALTY $ MEREST$ 26. 27. TOTAL AMOUNT. Add Ines. and 23. 27. ii---criTiaT-r-i 28. TOTAL PAYMENTS MADE DURING THE YEN) 2t 20. CREDIT CLADIED ON CRIGNALANNUAL RETURN.(ForAmaodkdRetun ONLY) 29* Li— 30. NET PAYMENTS MADE.(Linen minus fine 29) 3a t 1 ' x , 31. CREDIT TO BE REFUNDED. Line 30mhos Ina 27. 31 ..._.. I-1_.__ I s-_-)L. 32. ADDITIONAL TAXES DUE. Line 27 minis Tine 30 32. ._ a, , all �. 333. FOR LATE FIUNG ONLY 4 NTERETMST $ 33 34. TOTAL AMOUNT DUE AND PAYABLE(Add Ines 32 and 33). 34.. ( i ,i 1" 11 35. PLEASE ENTER THE AMOUNT OF YOUR PAYMENT.Mach a check or money order payable to 1 *All STATE TAX COLLECTOR"in U.S.dJNws b Fonn 049. ihti a 0E"the fang period,and your Hawaii Tax I.D.Pb.on your check or money order. H you are NOT s>beutting a payment with thus return,cdease enter"600'here 35, _ L36.GRAND TOTAL OF EXEMPTIONS/DEDUCTIONS CLAIMED. - r (Attach Stfisdfule Gq a Sdbeddle GE is not attedhed,e�oerep6oredudions # chimed ail be disallowed. LL Form G-49(Ref.2007) 1lf (Congratulatory Letter) LINDA LINGLE s.•O» H GOVERNOR t9gg THEODORE E.LIU g�+r#i ;'.✓;,k.. . .•: DIRECTOR � � _ = DEPARTMENT OF BUSINESS, MARK K.ANDERSON ? r 'tl�{.1 ` DEPUTY DIRECTOR • klk &,,' r ..� ; ; ECONOMIC DEVELOPMENT & TOURISM :.;.. x e. .• °�r Enterprise Zones �..._ No.1 Capitol District Building,250 South Hotel Street,Room 503,Honolulu,Hawaii 96813 Telephone: (808)586-2593 Mailing Address: P.O.Box 2359,Honolulu,Hawaii 96804 Fax: (808)586-2589 Web site: www.hawaii.gov/dbedt/ezones September 26,2007 Mr. Joe Hawaii President Aloha Company 16-685 Milo St. Honolulu,HI 96813 Dear Mr Hawaii: Congratulations! Your firm's application to enroll in Hawaii's Enterprise Zones Partnership has been approved. This means your firm has an establishment at 1234 Oahu Street in the Honolulu Enterprise Zone and, according to your application, it is engaged in one or more EZ-eligible business activities. Your EZ establishment is now eligible to qualify for EZ tax benefits for up to seven consecutive years (84 consecutive months). Your seven years of eligibility began on October 1,2007,with nine(9) full-time employees,and will end on September 30,2014. If your EZ establishment does not meet the EZ hiring and other requirements in any given year,your firm will still be eligible to qualify for EZ hiring incentives in subsequent years as long as your firm has not exhausted its 84 months of eligibility. You will need to submit a short"End-of-the-Year" report form after the end of each full or partial tax year this establishment participates in the EZ program. In the report form you will need to provide information to show that your firm's EZ establishment has satisfied the hiring and gross receipts requirements for each tax year. This form should be submitted for approval before claiming the EZ state income tax credits and the General Excise Tax exemptions on taxes due from EZ-eligible activities at your EZ establishment. Note: The State Department of Taxation allows EZ enrolled firms to choose to stop paying state excise and income taxes during their seven years(84 consecutive months)of EZ enrollment with the understanding that: • Enrolled firms which choose to stop paying state excise and/or estimated income taxes must continue to submit their periodic excise and income tax payment forms to the Hawaii State Department of Taxation; • Enrolled firms which choose to stop paying state excise and/or income taxes may be subject to payment of unpaid state income and/or excise taxes(plus interest and possibly penalties)if the EZ hiring and/or gross revenue requirements are not met during each tax year during which an EZ enrolled firm does not make state income and/or excise tax payments; Page 2 • Enrolled firms that claim, or intend to claim,the EZ exemption from excise tax on EZ-eligible revenues should no longer show an itemized cost labeled as"general excise tax"on the receipt or invoice issued to customers who pay for EZ-eligible products and/or services. i r,Col C"' €E 6.04- a s . 44:+f e t s 1 _ _f. P erd 1 i ' e �r h.;. 111 . 1 . .: aitrt1ew16 men mck 1[ C e b, `_ . ...Isci. ``i,-, to you '. indicating that your EZ establishment has satisfied the EZ gross revenue and hiring re•uirements for each tax year during your seven consecutive years(84 months)of enrollment. tit $` � 1: ' y (Note: This does not apply to the contractor's exemption from general excise tax that can be claimed by a licensed contractor on revenues from work done at the EZ site for an EZ- enrolled business.) Please keep this letter on file. If you have any questions about this letter or the EZ program in general, please call the Enterprise Zones coordinator of the Hawaii Department of Business,Economic Development, and Tourism(DBEDT)at(808) 586-2593. Sincerely, Dennis T. Ling Administrator Strategic Marketing& Support Division HAWAII ENTERPRISE ZONES PARTNERSHIP BENEFITS FOR LICENSED CONTRACTORS The Enterprise Zones (EZ) Partnership is a joint state-county-business effort intended to stimulate—via tax and other incentives—certain types of business activity and job creation in areas selected by the counties and approved by the Governor. Zones maps can be viewed on-line: http://www.hawaii.gov/dbedt/business/programs/ez As authorized by Section 209E-11 of the Hawaii Revised Statutes (HRS),the gross proceeds received by a contractor licensed under Chapter 444 of the Hawaii Revised Statutes are exempt from General Excise Tax (GET) on revenue for work done at the EZ site of an EZ-enrolled firm. The exemption applies to GET on both labor and materials paid for by the EZ-enrolled firm to its licensed contractor(s) and licensed sub-contractors. However, licensed contractors still must nay pass-through GET to their suppliers if billed. Eligible Businesses To enroll in the Enterprise Zone program, the firm must be engaged in one or more of the following activities: • Agricultural production or processing; • Manufacturing; • Wholesaling/Distribution; • Aviation or maritime repair or maintenance; • Repair or maintenance of"assistive"technology equipment used by handicapped persons; • Telecommunications switching and delivery; • Biotechnology research, development, production, or sales; • Certain types of call centers (bill collection,technical support for computer hardware and software manufacturers, disease management services,product fulfillment services, or disaster management services); • Information technology design and production; • For-profit training programs in international business management or environmental remediation; • Medical research, clinical trails, and telemedicine; and/or • Wind energy production. Almost all other businesses are not eligible to enroll, including retailing, professional services, and construction contracting. Claiming the Contractor Exemption from General Excise Tax • Ask the EZ-enrolled firm for which you have or will provide construction contracting services for a copy of its EZ enrollment approval letter. • In the spaces provided on your periodic (G-45) or annual (G-49) GET payment form, write in the amount of GET which due on revenues from work done for the EZ-enrolled business in the Enterprise Zone. • Attach a copy of the EZ application approval letter to your GET payment form when you file. QUESTIONS? CALL THE STATE EZ COORDINATOR AT (808) 586-2593. Rev. 10/16/2007 Schedule GE STATE OF HAWAII—DEPARTMENT OF TAXATION (Form G-45/G-49) General Excise/Use Tax (REV.2007) Schedule of Exemptions and Deductions For Period Ending__i (MM/Yo or Tax Year Ending _/__/__(MM/DD/YY) Hawaii Tax I.D. No.W — LIST DETAILS CONCERNING"EXEMPTIONS"AND"DEDUCTIONS"CLAIMED. Note:Most ordinary business expenses are NOT DEDUCTIBLE(e.g.materials,supplies, etc)on your general excise tax return. If claims are not explained here,deductions and/or exemptions will be disallowed and proposed assessments prepared against you. If you are claiming a deduction for payments to subcontractors,you must indicate the subcontractor's name and general excise Hawaii Tax I.D.No. For subleases,see Form G-72. For wholesale sales of amusements,see Form G-81. In the"Act.Code"column for the exemptions/deductions you have claimed for your activity(ies),enter the Part and line number on your general excise tax return for the activity(e.g.,the activity code for Wholesaling is"P11",since Wholesaling is Part I, line 1;for Contracting it is"P210",since Contracting is Part II, line 10;for"Imports for Consumption"it is"P216",since Imports for Consumption is Part II, line 16;for Insurance Commissions it is"P318",since Insurance Commissions is Part III, line 18. ACT.CODE AMOUNT ACTIVITIES UNDER CHAPTER 237, HRS—GENERAL EXCISE TAX LAW '*k SUBTOTAL—General Excise Tax Exemptions/Deductions � A ACT.CODE AMOUNT ACTIVITIES UNDER CHAPTER 238, HRS—USE TAX LAW SUBTOTAL—Use Tax Exemptions/Deductions AMOUNT ACTIVITIES —CITY&COUNTY OF HONOLULU SURCHARGE Z AH '1 SUBTOTAL— City&County of Honolulu Surcharge Exemptions/Deductions a al GRAND TOTAL(Transfer to Form G-45,line 34 or Form G-49,line 36) (If more space is needed,please attach your schedule.) Schedule GE(Rev.2007) *Attach to N-11/N-30 & N-756* (Certification Letter) LINDA LINGLE •' GOVERNOR /4 X959P�� ,y THEODORE E.LIU *.k DIRECTOR E s * _ ' DEPARTMENT OF BUSINESS, MARK K.ANDERSON ° - �. DEPUTY DIRECTOR - ' S ; ECONOMIC DEVELOPMENT & TOURISM ��q•...-y °�!�I Enterprise Zones No.1 Capitol District Building,250 South Hotel Street,Room 503,Honolulu,Hawaii 96813 Telephone: (808)586-2593 Mailing Address: P.O.Box 2359,Honolulu,Hawaii 96804 Fax: (808)586-2589 Web site: http://www.hawaii.gov/dbedt/business/programs/ez HAWAII ENTERPRISE ZONES (EZ) PROGRAM BUSINESS CERTIFICATION Thank you for completing and returning your Hawaii Enterprise Zones Program "End-of-Year" report form. Your report has been reviewed and this is to notify you that your firm, ALOHA COMPANY INC. -HAS- satisfied the EZ Program hiring and gross receipts requirements for the tax year ending December 31,2007. This means your firm has qualified for the EZ program state tax benefits, as well as any EZ benefits offered by your county. You may now claim these benefits when you file your state income tax return and general excise tax reconciliation form. Copies of this certification form should be attached to your general excise and state income tax forms when they are filed. Also please be sure to write in the amount of general excise tax your firm is exempt from on the general excise tax form. You will also need to include State of Hawaii Tax Department Form 756 with your state income tax return if you are claiming the EZ income tax credits. You should consult your County EZ Coordinator for instructions on how to claim any county EZ benefits. Dennis T. Ling Date: April 1, 2008 Administrator Strategic Marketing& Support Division FORM STATE OF HAWAII—DEPARTMENT OF TAXATION N-756 ENTERPRISE ZONE TAX CREDIT 20 (Rev.2007) SEE INSTRUCTIONS BEFORE COMPLETING THIS FORM. Or fiscal year beginning ,20 ,and ending ,20 ATTACH THIS SCHEDULE TO FORM N-11, N-15, N-30,or N-70NP Name SSN OR FEIN NOTE: If you are claiming the Ethanol Facility Tax Credit,no other credit can be claimed for the taxable year. Complete Parts I,II and IV if your 7-year cycle began at the start of your taxable year. Complete Parts I,Ill and IV if your 7-year cycle began during your taxable year rather than at the start of your taxable year. In order to claim the enterprise zone tax credit,ALL of the following MUST be attached to your tax return: 1.Form N-756,Enterprise Zone Tax Credit 2.Form N-756A,Information Statement,if you are a partner of a partnership,a shareholder of an S corporation,or a member of an LLC 3.A copy of the certification issued by the Department of Business,Economic Development&Tourism Part I-Computation of Tax and Unemployment Insurance Premiums Attributable to Zone Activity 1. Total tax liability 1 2. a.Total gross income from trade or business within the zone 2a b.Total gross income required to be reported to Hawaii 2b c.Percentage of business within the zone. Divide line 2a by line 2b 2c 3. Multiply line 1 by line 2c 3 4. Total unemployment insurance premiums paid for employees employed within Hawaii 4 5. a.Total payroll for employees employed within the zone 5a b.Total payroll for employees employed within Hawaii 5b c.Percentage of unemployment insurance premiums paid on the payroll of employees employed within the zone. Divide line 5a by line 5b 5c 6. Multiply line 4 by line 5c 6 7. Add lines 3 and 6 7 Part II-Computation of Tax Credit When the 7-Year Cycle Began at the Start of the Taxable Year 8. Enter the cycle year 9. Enter the percentage from the table below that applies to your cycle year 9 Cycle Year Applicable Percentage Cycle Year Applicable Percentage 1 80% 5 40% 2 70% 6 30% 3 60% 7 20% 4 50% 10. Maximum enterprise zone tax credit allowable for the year. Multiply line 7 by line 9. Enter this amount on Part IV,line 19. 10 Part Ill-Computation of Tax Credit When the 7-Year Cycle Began During the Taxable Year 11. Enter the 2 cycle years contained in the taxable year.(Note:if the taxable year contains only your first or last cycle year, you only need to complete lines 11a, 12a-12e,and 14.) a. Cycle year b. Cycle year 12. Cycle year referred to on line 11 a a.Enter the number of months during the taxable year attributable to the cycle year referred to on line 1 la 12a b.Divide line 12a by 12 12b c.Enter the percentage applicable to the cycle year referred to on line 11a.(See line 9 for percentage table) 12c d.Multiply line 12b by line 12c 12d e.Multiply line 7 by line 12d 12e I 13. Cycle year referred to on line 11b a.Enter the number of months during the taxable year attributable to the cycle year referred to on line 11 b 13a b.Divide line 13a by 12 13b c.Enter the percentage applicable to the cycle year referred to on line 11b.(See line 9 for percentage table) 13c d.Multiply line 13b by line 13c 13d e.Multiply line 7 by line 13d 13e 14. Maximum enterprise zone tax credit allowable for the year. Add lines 12e and 13e. Enter this amount on Part IV,line 19. 14 FORM N-756 Part IV-Computation of Credit Limitation PAGE 2 -- 15. Are you claiming the ethanol facility tax credit(Form N-324)for this taxable year? . • a. ❑ No,go to line 16. b. ❑ Yes,you may not claim any other Hawaii income tax credit for this taxable year. Enter-0-on line 20. 16. Enter your total tax liability(from Part I,line 1)here. 16 17. Are you claiming the credit for income taxes paid to another state or foreign country? a. ❑ No,enter-0-on this line and go to line 18 b. ❑ Yes,enter the amount of the credit for income taxes paid to another state or foreign country you are claiming on this line. 17 18. Subtract line 17 from line 16. Enter the difference here. If line 17 is larger than line 16,enter-0-here and on line 20. 18 19. Enter the amount from Part II,line 10 or Part III,14. 19 20. Enter the smaller of line 18 or line 19.This is the amount of your enterprise zone tax credit. Enter this amount on Schedule CR,line 3. 20 GENERAL INSTRUCTIONS "Service business"means any corporation,part- firms, a qualified business engages in a service nership,or sole proprietorship that repairs ships,air- business,or value is added to materials or products A qualified business which has received certifica- craft, or assistive technology equipment, provides that are manufactured by a qualified business. tion from the Department of Business, Economic telecommunication services, information technol- For an individual operating as a sole proprietor- Development&Tourism may claim the enterprise ogy design and production services, medical and ship,enter the amount of the business'net income zone tax credit. health care services,or education and training ser- which is attributable to the conduct of trade or busi- A business that has been certified is entitled,sub- vices as defined in Chapter 209E,HRS. ness within the zone. This is calculated by multiply- ject to the apportionment provisions, to an enter- Tangible personal property shall be sold at whole- ing the business'net income by a fraction;the nu- prise zone tax credit against Hawaii income tax un- sale at an establishment of a qualified business lo- merator being the total gross receipts of the trade or der chapter 235, Hawaii Revised Statutes (HRS), cated within an enterprise zone. The transfer of title business within the zone and the denominator being according to the following formula: to the buyer of the tangible personal property shall the total gross receipts of the business within Ha- First year 80%of tax due take place in the same enterprise zone in which the wail. Second year 70%of tax due tangible personal property is sold. Members should enter the amount from Form Third year 60%of tax due Services shall be sold at an establishment of a N-756A,line 2e. Fourth year 50%of tax due qualified business engaged in a service business Line 2b.—Enter the total gross income of the quali- Fifth year 40%of tax due within an enterprise zone and the services shall be fied business within Hawaii during the taxable year, Sixth year 30%of tax due delivered in the same enterprise zone in which the including sales within and outside the enterprise Seventh year 20%of tax due services are sold. Where the service business, in zone. A business is taxable outside the enterprise In addition,a business that has been certified is the same transaction, engages in both the sale of zone if the business has: 1)income from business entitled,subject to the apportionment provisions,to tangible property and services,the service business activity within the zone which does not fall within the an enterprise subject zone tax apportionment bonnet Hawaii income shall segregate the sale of services from the sale of definition of trade or business, or 2) income from tax under chapter 235,HRS,in an amount equal to a tangible personal property. business activity conducted outside the zone. This percentage of unemployment insurance premiums Value must be added to materials or products that term includes work that a business located within a paid on the payroll of all the business' employees are manufactured within the enterprise zone. zone subcontracts to a business located outside the employed in the enterprise zone, according to the Each partner,S corporation shareholder, or LLC zone and the work is delivered outside the zone. following formula: member(member)of a business that has been certi- For an individual,enter the total gross income re- First year 80%of premiums paid fied shall separately determine for the member's quired to be reported to Hawaii,including your busi- Second year 70%of premiums paid taxable year within which the business'taxable year ness's net income(if operating as a sole proprietor- Third year 60%of premiums paid ends,the member's share of the credit. The mem- ship),salary,interest income,dividend income,etc. Fourth year 50%of premiums paid bees share of the entity's net income or loss and un- Members should include in the total amount re- Fourth insurance credit shall be determined in ported on line 2b,the amount from Form N-756A, Fifth year 40%of premiums paid accordance with the ratio in which the members di- line 2a. Sixth year 30%of premiums paid vide the profits and losses of the partnership,S cor- Line 4.—Enter the total amount of unemployment Seventh year 20%of premiums paid poration,or LLC respectively. insurance premiums paid on the payroll of all the If the enterprise zone tax credit exceeds the Note: ALL of the following must be attached business'employees employed in Hawaii. taxpayer's tax liability,the excess of credit over to your tax return in order to claim the enter- Members claiming their share of the entity's un- liability shall not be refunded to the taxpayer,nor prise zone tax credit: employment insurance premiums paid within the shall it be carried over or carried back to another zone should skip lines 4,and 5a-5c;and enter the tax period. 1.Form N-756,Enterprise Zone Tax Credit p 2.Form N-756A,Information Statement,if you are amount from Form N-756A,line 3e,on line 6.On the The enterprise zone tax credit shall apply only to y dotted line next to line 6,write"From Form N-756A" the extent that a qualified business conducts trade a partner of a partnership or a shareholder of or business within the zone. A business which has an S corporation Line 5a.—Enter the total payroll for employees em- income taxable both within and outside Hawaii shall 3.A copy of the certification issued by the Depart- ployed within the zone during the taxable year. An apportion and allocate the business'net income un- ment of Business, Economic Development& employee is employed rf rm the zone y:w1)ithin the i the der sections 235-21 to 235-39,HRS,prior to calcu- Tourism zone,or service is performed entirely within the lating the enterprise zone tax credit. zone,or 2)the individual's service is performed both SPECIFIC INSTRUCTIONS within and outside the zone, but the service per- "Trade or business°means all business activity by formed outside the zone is incidental to the individ- a qualified business within an enterprise zone, PART I ual's service within the zone. whereby 1) tangible personal property is sold at Line 1.—Enter the total tax liability from Form N-11, Line 5b.—Enter the total payroll for all employees wholesale and the sale takes place within the zone, line 26;Form N-15,line 44;Form N-30,Schedule J, within Hawaii. 2)a qualified business engages in a service busi- line 22;or Form N-70NP,line 15;whichever is appli- ness within the zone,or 3)value is added to materi- cable. (Note: For Forms N-11 and N-15,do not fin- als or products that are manufactured within the dude the separate tax from Forms N-2, N-103, Paft II should be completed if your 7-year cycle be zone. `Trade or business"also includes engaging in N-152, N-312, N-318, N-405, N-586, or N-814 in San at the start of your taxable year. producing agricultural products where the business your total tax liability.) Part III should be completed if your 7-year cycle is a producer as defined in section 237-5;engaging Line 2e._Enter the total gross income of the quali- began during your taxable year rather than at the in research,development,sale or production of all fied business from trade or business within the zone start of your taxable year. types of genetically-engineered medical, agricul- during the taxable year. Gross income from trade or Part IV must be completed by all taxpayers claim- tural,or maritime biotechnology products; and en- business within the zone is received when tangible ing this credit. gaging in producing electric power from wind energy personal property is sold at wholesale to business for sale primarily to a public utility company for re- sale to the public. FORM N-756