Friday, March 13, 2020

Tax regulation takes effect

A regulation involving the tax on hard-to-dispose materials and the tax on beverage containers has now taken full effect.

The regulation (280-RICR-20-45-2) was amended by the Division of Taxation mainly to reflect tax increases that were enacted in July 2019. One increase involved the tax that is levied on hard-to-dispose material, such as lubricating oils, antifreeze, and tires. The other increase was for the tax levied on each case of beverage containers sold by beverage wholesalers. 

To view the regulation as amended, click here.