Monday, September 18, 2017

Final regulations

The Rhode Island Division of Taxation last week filed, as final, recent actions it has taken involving nine regulations. 

The filing -- which came after a public hearing was held on August 30 -- is part of a broader effort to streamline the agency’s regulations. The streamlining process includes eliminating some regulations, consolidating some, and changing regulations to a new standardized format. 

A summary of the finalized regulatory actions, which are effective October 3, 2017, is in the table below. To view the regulations, click here.

Regulatory actions last week
Regulation topic
Old #
Action:
New #
Reason
Administrative hearing procedures
AHP 97-01
Amended
280-RICR-20-00-2
New format; updated
Administrative rules of practice
AF 90-01
Amended
280-RICR-20-00-1
New format; new name:
Apportionment of franchise tax
FT 09-01
Repealed
n/a
Franchise tax law has been repealed
Bank deposits tax
BDT 95-01
Amended
280-RICR-20-05-1
New format; updated
Deadlines for filing sales tax
SU 87-32
Repealed
n/a (see below)
Merged into new regulation
Personal income tax filing deadlines
PIT 98-7
Repealed
n/a (see below)
Merged into new regulation
Filing deadlines (for all taxes)
n/a
Adopted
280-RICR-20-00-7
Consolidating two regulations into one
Offers in compromise
OC 98-01
Amended
280-RICR-20-00-6
New format; updated
Declaratory rulings
DR 03-01
Amended
280-RICR-20-00-5
New format; minor revisions; updated