Updated at 5:30 p.m., Wednesday, October 10, 2007
Hawaii tax collections up 6.7 percent over a year ago
Associated Press
A big jump in corporate tax collections is filling state coffers three months into the fiscal year that began July 1.Overall, the state Department of Taxation says it collected just under $369 million in September. Nearly half of that, or $167 million, came from the excise tax collected on nearly all purchases.
Individual income tax accounted for just under $154 million last month, a nearly 5 percent jump.
Corporate tax collections increased by nearly 20 percent to more than $20 million.
The transient accommodations tax or hotel room tax also showed growth, up more than 3 percent.
