Statutory Guidelines [Appendix A(6) Revenue Procedure 93-34] regarding rules under which a designated settlement fund described in section 468B(d)(2) of the Internal Revenue Code or a qualified settlement fund described in section 1.468B-1 of the Income Tax Regulations will be considered "a party to the suit or agreement" for purposes of section 130.
Hawaii Revenue Procedure 93-34 (HIP 93-34) is a vital document that lays out specific guidelines and procedures for taxpayers in Hawaii. It serves as a reference point for understanding the implementation and enforcement of tax laws in the state. This revenue procedure offers detailed explanations and instructions related to various tax matters, helping individuals and businesses stay compliant with Hawaiian tax requirements. HIP 93-34 addresses several key areas, including tax audits, penalty abatement, interest calculations, tax credits, and tax dispute resolution processes. It provides taxpayers with step-by-step instructions on filing tax returns accurately and completing necessary tax forms. Additionally, it outlines the eligibility criteria and application process for tax credits and deductions, thereby encouraging taxpayers to take full advantage of available tax benefits. Apart from the comprehensive overview, there are no identified distinct types of Hawaii Revenue Procedure 93-34. It is a unified document that encompasses various aspects of taxation for individuals and businesses in the state of Hawaii. Regardless of the specific tax matter at hand, taxpayers can rely on HIP 93-34 as a valuable resource to understand their rights, obligations, and procedural guidelines related to Hawaii's tax environment. Keywords: Hawaii Revenue Procedure 93-34, tax laws, tax audits, penalty abatement, interest calculations, tax credits, tax dispute resolution, tax returns, tax forms, compliance, eligibility criteria, application process, tax benefits, taxpayers, individuals, businesses.
