Hawaii Authorization and Consent of Subsidiary Corporation to be Included in a Consolidated Income Tax Return

Authorization and Consent of Subsidiary Corporation to be Included in a Consolidated Income Tax Return
Form N-303 Rev 2017: Authorization and Consent of Subsidiary Corporation to be Included in a Consolidated Income Tax ReturnClear Form
STATE OF HAWAII — DEPARTMENT OF TAXATION

FORM

N-303

(REV. 2017)

Authorization and Consent of Subsidiary Corporation
to be Included in a Consolidated Income Tax Return
For the first year a consolidated return is filed, this form must be attached for each subsidiary.
(Please type or print)

For the calendar year 	

or other taxable year beginning 	

,	

and ending 	

,	

Name

Mailing Address (number and street)

City or town, State, and Postal/ZIP Code

1	 Date incorporated	

Federal Employer Identification Number

2	 Place incorporated	

3	 Capital stock outstanding at beginning of taxable year
	
(a)	Common	
(b)	Preferred
			$		$
4	 Kind of business
		
	Active



		

	Inactive

5	 Name of common parent corporation	
		

Federal Employer Identification Number of
parent corporation

The subsidiary corporation named above hereby: (a) authorizes
the common parent corporation named above to make a
consolidated income tax return on its behalf for the taxable
year for which this form is filed; and (b) authorizes the common
parent corporation (or in the event of its failure, the Director of
Taxation of the State of Hawaii) to make a consolidated income
tax return on its behalf for each taxable year thereafter for which
a consolidated return must be made by the affiliated group under
the provisions of section 235-92(2), Hawaii Revised Statutes
(HRS).

parent corporation, hereby consents to and agrees to be bound
by the provisions of section 235-92(2), HRS.
A consolidated Franchise Tax return may be filed by a qualifying
bank, building and loan association, financial services loan
company, financial corporation, small business investment
company, development company, mortgage loan companies,
trust company, or financial holding company, and their
subsidiaries as defined in section 241-1, HRS. Refer to section
241-6, HRS.

The subsidiary corporation, in consideration of the privilege of
joining in the making of a consolidated return with the common

Signature
I declare, under the penalties set forth in section 231-36, HRS, that the subsidiary named above has authorized me to sign this form on its behalf,
and that this form has been examined by me and the information contained herein is, to the best of my knowledge and belief, true, correct, and complete.

	

Signature	

Print name / Title	

Date	

FORM N-303

Extracted from PDF file 2023-hawaii-form-n-303.pdf, last modified October 1999

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More about the Hawaii Form N-303 Corporate Income Tax Tax Return TY 2023

We last updated the Authorization and Consent of Subsidiary Corporation to be Included in a Consolidated Income Tax Return in February 2024, so this is the latest version of Form N-303, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form N-303 directly from TaxFormFinder. You can print other Hawaii tax forms here.

Other Hawaii Corporate Income Tax Forms:

TaxFormFinder has an additional 164 Hawaii income tax forms that you may need, plus all federal income tax forms.

Form Code	Form Name
Form N-342	Renewable Energy Technologies Income Tax Credit Tax Credit
Form N-40 Sch. K1	Beneficiary's Share of Income, Deductions, Credits, etc Tax Credit
Form A-6	Tax Clearance Application
Form F-1	Franchise Tax Return
Form N-301	Application for Automatic Extension of Time to File Hawaii Corporation Income Tax Return Tax Return

Download all HI tax forms View all 165 Hawaii Income Tax Forms

Form Sources:

Hawaii usually releases forms for the current tax year between January and April. We last updated Hawaii Form N-303 from the Department of Taxation in February 2024.

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Form N-303 is a Hawaii Corporate Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Hawaii Form N-303

We have a total of twelve past-year versions of Form N-303 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Form N-303