The Rhode Island Division of Taxation (the “Division”) informs taxpayers and tax professionals of two emergency regulations went into effect December 15, 2025. The emergency regulations are effective for 120 days and may be renewed for an additional 60 days.
Emergency Regulations 280-RICR-20-25-16
and 280-RICR-20-55-16
provide guidance to taxpayers regarding Rhode Island tax treatment of Business
Corporations Tax and Personal Income Tax respectively for the 2025 Tax Year and
previous tax years in light of the state’s decoupling from federal legislation
H.R.1 (Public Laws No.: 119-21, H.R.1, 119th Cong. (2025), commonly known as
the “One Big Beautiful Bill Act”).
More information is available in Advisory 2025-25.
