Tuesday, November 1, 2016

Incentives report posted

The Rhode Island Division of Taxation yesterday posted its annual report of tax credits and incentives administered in conjunction with the Rhode Island Commerce CorporationThe two-page report, for the fiscal year ended June 30, 2016, shows the aggregate number of credits and incentives approved by the Commerce Corporation. However, given that the credit and incentive programs are so new, none of the credits or incentives were issued for the fiscal year by the Division of Taxation, the report shows.