Five percent hotel tax collections rose 3.6 percent in the fiscal year over fiscal year period through October, but fell 2 percent when comparing the month of October with October 2015, the R.I. Department of Revenue said Thursday.
Volkswagen will pay more than $4.1 million to Rhode Island for violating state laws prohibiting the sale and leasing of diesel vehicles equipped with illegal and undisclosed emissions control defeat device software, Attorney General Peter F. Kilmartin said Thursday.
As President Donald Trump huddles with advisers over plans for a tax overhaul, Congress is considering options to soften a controversial centerpiece of the House Republicans’ tax plan - a step that might mean smaller tax cuts for corporations.
The General Assembly may consider legislation this year that would require the state to return land acquired for eminent domain to its original owner, if not used for economic-development purposes in 10 years.
The city is negotiating a contract with a real estate development company to convert The Landing into a commercial center. The property, the former American Supply Co. mill, will require site remediation for environmental contaminants.
A Banco Santander SA unit will pay almost $25 million to two U.S. states, Massachusetts and Delaware, to resolve a joint investigation into predatory subprime auto loans that resulted in buyers owing thousands of dollars more than their cars were worth - the first such accord in the country.