Monday, August 22, 2016

Latest tax credit disclosure report

The Division of Taxation has posted on its website its latest annual tax credit and incentive report, as required by Rhode Island statute.

The latest report identifies 20 businesses that received a combined total of $29.4 million in certain state tax credits and incentives for the fiscal year ended June 30, 2016. 

Some of those recipients also received a combined total of approximately $15.3 million in other Rhode Island tax credits and incentives, the report shows.