Instructions for Form RV-2 Rental Motor Vehicle, Tour Vehicle, and Car-Sharing Vehicle Surcharge Tax - Hawaii

Form RV-2 Rental Motor Vehicle, Tour Vehicle, and Car-Sharing Vehicle Surcharge Tax - Hawaii

This document contains official instructions for Form RV-2 , Rental Tour Vehicle, and Car-Sharing Vehicle Surcharge Tax - a form released and collected by the Hawaii Department of Taxation. An up-to-date fillable Form RV-2 is available for download through this link.

FAQ

Q: What is Form RV-2?
A: Form RV-2 is a tax form related to rental motor vehicles, tour vehicles, and car-sharing vehicles in Hawaii.

Q: What is the purpose of Form RV-2?
A: The purpose of Form RV-2 is to report and pay the surcharge tax on rental motor vehicles, tour vehicles, and car-sharing vehicles in Hawaii.

Q: Who needs to file Form RV-2?
A: Anyone who is engaged in the business of renting or leasing motor vehicles, tour vehicles, or car-sharing vehicles in Hawaii needs to file Form RV-2.

Q: When is Form RV-2 due?
A: Form RV-2 is due on or before the 20th day of the month following the end of the reporting period.

Q: What information is required on Form RV-2?
A: Form RV-2 requires information such as the total gross revenues from rental or leasing activities, the amount of surcharge tax due, and other related details.

Q: What is the surcharge tax rate for rental motor vehicles, tour vehicles, and car-sharing vehicles in Hawaii?
A: The surcharge tax rate for rental motor vehicles, tour vehicles, and car-sharing vehicles is currently 0.5% of the gross rental or leasing receipts.

Q: Are there any exemptions from the surcharge tax?
A: Yes, certain exemptions apply, such as exempt vehicles used for certain purposes or vehicles operated by certain entities. Refer to the instructions for Form RV-2 for more details.

Q: What are the penalties for late filing or non-filing of Form RV-2?
A: Penalties may apply for late filing or non-filing of Form RV-2, including interest on the unpaid tax amount.