Thursday, January 13, 2022

Revisions completed

The Rhode Island Division of Taxation has revised the Notice 2021-4 involving the real Estate Conveyance Tax to clarify that the additional tax rate applies only to residential real property, and to make a correction on a calculation.

The Division has revised the 2021"Summary of Legislative Changes." The clarification that the additional tax rate applies only to residential real property was added to the real estate conveyance tax summary.