Thursday, May 22, 2014

Public hearings next month on regulations

The Division of Taxation will hold a public hearing next month on a revised regulation involving the taxation of tobacco products other than cigarettes (sometimes referred to as “other tobacco products” or “OTP”). A regulation proposed earlier this year has since been revised mainly to clarify record-keeping requirements. The public hearing will be held on Tuesday, June 10, 2014, at 9:30 a.m., at the Powers Building, One Capitol Hill, Providence, diagonally across from the State House.

The Division of Taxation will hold a separate public hearing next month on a proposal to repeal two regulations. The Division proposes to repeal regulation EFT 00-01, “Electronic Funds Transfer,” because a more recent regulation covering the same subject is available: EFT 09-01, “Payment of Taxes by Electronic Funds Transfer.” The Division also proposes to repeal regulation CR 02-12, “ISO Certification Credit,” because the underlying statute, Rhode Island General Laws § 44-11-42, was repealed some while ago. The public hearing is to take place on Wednesday, June 18, 2014, at 9:30 a.m., at the Powers Building, One Capitol Hill, Providence, diagonally across from the State House.