Division plans public hearing

The Rhode Island Division of Taxation will hold a public hearing on March 12 on six proposed regulations. 

Broadly speaking, the proposed regulations contain no substantive changes. Their format has been modified in accordance with the new Rhode Island Code of Regulations, and some of the proposed regulations include minor changes. 

• The Division proposes to amend its regulation on amended returns so that the regulation lists the new forms for filing amended returns for certain business taxes.
• The Division proposes to adopt a regulation involving the conduct of public hearings. It is a standard regulation used by other State agencies.
• The Division proposes to amend its regulation involving estimated tax payments for businesses so that the regulation reflects recent changes in law (including the dates on which installments are due).
• The Division proposes to amend its regulation on limited liability companies (LLCs) so that the regulation reflects recent changes in law regarding the due date for filing.
• The Division proposes to amend its regulation on limited liability partnerships and limited partnerships, setting forth, among other things, the application of filing deadlines and the annual filing charge (or filing fee).
• The Division proposes to amend its regulation on the public service corporation tax so that the regulation reflects a recent change in the law involving due dates. 

The hearing will take place at 9:30 a.m. on Monday, March 12, 2018, at the Department of Administration Building at One Capitol Hill, Providence, Rhode Island, diagonally across Smith Street from the State House.

The Division of Taxation has filed numerous proposed and final regulations of late, and will continue to do so as part of its months-long effort to streamline and re-codify its regulations. 

The Division intends to post from time to time, on this blog, brief descriptions of some -- but not all -- of the regulatory filings. However, all of the regulatory filings are available to view and to monitor at the following Department of State (Secretary of State) website: http://www.sos.ri.gov/divisions/open-government/state/rules-and-regulations.