Friday, June 29, 2012

Tax changes take effect this weekend in Rhode Island

Saturday is the last day for the tax on package tours and sightseeing services -- the tax has been repealed, effective Sunday.

The tax on cigarettes goes up by 4 cents per pack of 20 starting Sunday. Also Sunday, the surcharge on rental vehicles changes. The Tax Division posted an Advisory today that provides details.


Mass. DOR blog adds details about TDI tax

The Massachusetts Department of Revenue has posted on its blog some additional information about processing of abatement requests related to Rhode Island's Temporary Disability Insurance (TDI) tax.

The post will be especially helpful to those who live in Massachusetts, work in the private sector in Rhode Island, and pay TDI tax.

Thursday, June 28, 2012

Sentence handed down in contraband case

A key figure in last year's case involving contraband cigarettes was sentenced today in U.S. District Court, Providence. For more about the sentencing, click here. For more about the case, click here.

Corporate e-file: higher than all of last year

More corporate tax returns have been filed electronically so far this year than for all of last year, new Tax Division figures show.

For the year to date (through June 25), 10,037 corporate returns have been e-filed. That’s up from 6,250 for the corresponding period a year ago. It’s also greater than the 10,025 corporate returns that were e-filed during all of last year.



Filing season 2011

Filing season 2012


Difference
Total returns processed
20,730
26,998
+ 30.24 %
Returns e-filed
6,250
10,037
+ 60.59 %
E-file as a percentage of total
30 %
37 %
+ 23.33 %

For tax year 2010 returns (on Forms RI-1120C and RI-1120S) filed through June 25, 2011, and tax year 2011 returns filed through June 25, 2012. Many returns are filed after the usual mid-March deadline because they are on extension.


In addition, the number of partnership information returns e-filed so far this year on Form RI-1065 exceeds the number e-filed for all of last year – a total of 1,076 so far this year, compared with 939 for all of last year.




Friday, June 22, 2012

Sales tax booklets, new Notices, personnel changes

The Tax Division's latest Advisory focuses on sales tax booklets, new Notices, and some personnel changes.

Repeal of tax on package tours

A new Notice provides details about the repeal of the tax on package tours and scenic and sightseeing transportation services. The tax will no longer apply after June 30, 2012. The Tax Division is in the process of distributing the Notice by mail to tour operators, tourism councils, and others.

Changes to surcharge on car rentals

The Tax Division today posted a Notice that explains changes to the surcharge on motor vehicle rentals. The changes are the result of a new law and take effect July 1, 2012. The Tax Division is also in the process of distributing the Notice by mail to car rental agencies and others.