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Rhode Island to Revoke Taxpayer's State HTC After Project Remained Idle


Wednesday, June 30, 2021 - 9:00am
The Rhode Island Division of Taxation issued a final decision and order June 29 that a taxpayer’s tax credits were deemed null and void after the taxpayer failed to provide supporting documentation for the quarterly reports and the properly remained idle for more than six months. Case No.: 19-T-013 determined the division was within its province to deny the credits allocated in August 2015 after the taxpayer’s development remained idle from October 2016 to March 2018, saying the taxpayer’s quarterly reports “lacked the requisite documentation and the Taxpayer did not supply any documentation despite requests from the Division.” The division said the decision was consistent with statute and regulation. ....

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Some tax returns, payments due Thursday in Rhode Island


Some tax returns, payments due Thursday in Rhode Island
NBC 10 NEWS
© Provided by WJAR Providence
The Rhode Island Division of Taxation said some returns and payments are due Thursday.
It outlined them in a release.
The deadline for filing certain business and entity returns continues to be April 15, 2021. Thus, annual income tax returns and associated payments for calendar-year C corporations and estates and trusts, for example, are all still due April 15, 2021.
The annual return (Form RI-1065) and associated payment of a single-member LLC owned by an individual is still due April 15, 2021, even though the individual s Rhode Island personal income tax return and any associated payment for 2020 is due May 17, 2021. ....

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