Annual report on tax credits, incentives

The Division of Taxation has posted on its website its latest annual tax credit and incentive report, as required by Rhode Island statute.

• The latest report identifies 15 businesses that received a combined total of approximately $24.8  million in certain state tax credits and incentives for the fiscal year that ended June 30, 2019.
• Three of those recipients also received a combined total of approximately $19.6 million in other Rhode Island tax credits and incentives, the report shows.

A separate part of the report shows, in the aggregate, certain information related to projects that have requested certification under Rhode Island’s historic preservation tax credit program of 2013. To view the report, click here.