R.I. 1% meal and beverage tax collection falls to $3.1M in Aug.

SLOW SUMMER SPENDING at Rhode Island restaurants is reflected in a year-to-date decline in the collections of the 1 percent meal and beverage tax through August for fiscal 2019, according to the state Department of Revenue. / COURTESY HEMENWAY’S/LUCAS PRESTON
SLOW SUMMER SPENDING at Rhode Island restaurants is reflected in a year-to-date decline in the collections of the 1 percent meal and beverage tax through August for fiscal 2019, according to the state Department of Revenue. / COURTESY HEMENWAY’S/LUCAS PRESTON
PROVIDENCE – Collection of the 1 percent meal and beverage tax in Rhode Island in August declined 8.3 percent year over year to $3.1 million, according to the R.I. Department of Revenue Monday. The largest nominal year-over-year decline of any municipality in the state was in Newport, where collections declined $108,880 to $371,265. The largest…

Want More?

Register or subscribe with
Providence Business News to continue reading.

Register Now

Subscribe for $1

Already registered? Login to access more articles.

*Registered users get access to a limited number of free articles every month.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -