HI HB2507

Requires remote sellers with over $1,000,000 in annual gross receipts from remote sales to collect and remit Hawaii use taxes once a federal act authorizes states to require such collection.

Establishes minimum simplification requirements for remote sellers including a single state tax entity, uniform tax base, single audit procedures, and standardized return filing.

Directs the department to provide free software to remote sellers for calculating sales and use taxes, filing returns, and updating for rate changes with 90 days' notice.

Relieves remote sellers and certified software providers from tax liability if errors result from misleading seller information, inaccurate state information, or software provider mistakes.

Takes effect July 1, 2050, and does not affect analysis of whether sellers have legal nexus with the State.