Due Date and Tax Rates
Due Date
Your Hall income tax return is due on the 15th day of the fourth month following the end of your fiscal year. For example, if your fiscal year ends on December 31, then your return is due on April 15.
Tax Rates
The Hall income tax is being eliminated, and the applicable tax rate for each year of the phase out is as follows:
- 4% of taxable income for tax years beginning January 1, 2017
- 3% of taxable income for tax years beginning January 1, 2018
- 2% of taxable income for tax years beginning January 1, 2019
- 1% of taxable income for tax years beginning January 1, 2020
- Repeal beginning January 1, 2021