RE: The Payment of Taxes by Electronic Funds Transfer (EFT)
Act 121, Session Laws of Hawaii (SLH) 1995, approved on June 8,
1995, grants the Director of Taxation the authority to require every taxpayer
whose tax liability for any one taxable year exceeds $100,000 and who files
a tax return for any tax, including consolidated filers, to remit taxes
by Electronic Funds Transfer (EFT).
Act 121, SLH 1995, also allows those taxpayers who file a tax return for any tax and are not required to remit taxes by EFT to elect, with the approval of the Director of Taxation, to remit taxes by EFT.
Until notified that the Department is ready to implement EFT, taxpayers should continue to remit their taxes as they are currently doing so.
Please contact the nearest district office if you have any questions.
/s/
RAY K. KAMIKAWA
Director of Taxation