Form F-1 Franchise Tax Return Banks, Other Financial Corporations, and Small Business Investment Companies - Hawaii

What Is Form F-1?

This is a legal form that was released by the Hawaii Department of Taxation - a government authority operating within Hawaii. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form F-1?
A: Form F-1 is a Franchise Tax Return for Banks, Other Financial Corporations, and Small Business Investment Companies in Hawaii.

Q: Who needs to file Form F-1?
A: Banks, Other Financial Corporations, and Small Business Investment Companies in Hawaii need to file Form F-1.

Q: What is the purpose of Form F-1?
A: The purpose of Form F-1 is to report and pay the franchise tax for banks, other financial corporations, and small business investment companies in Hawaii.

Q: When is Form F-1 due?
A: Form F-1 is due on or before the 20th day of the fourth month following the close of the taxable year.

Q: Is there a penalty for late filing of Form F-1?
A: Yes, there is a penalty for late filing of Form F-1. The penalty is 5% of the tax due for each month, or fraction of a month, that the return is late, up to a maximum of 25%.