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Tag: R.I. Department of Revenue

R.I. revenue director latest to step down in string of cabinet...

PROVIDENCE – Another one of Gov. Daniel J. McKee’s cabinet members has left. Guillermo Tello, the state’s revenue director, has returned to work for the...
A SCREEN SHOT of some of the Airbnb rentals available in Newport, along with nightly charges. / COURTESY AIRBNB INC.

Will R.I.’s new registry discourage short-term vacation property rentals?

State business regulators are going to start taking names – and charging fees – of Rhode Island property owners who rent out their homes...

Families to receive one-time $250 payment per child under new R.I....

PROVIDENCE – Rhode Island families with children will automatically receive a $250 payment per child under a one-time program included in the state’s fiscal...

Collection of 5% hotel tax up 55% Y/Y in March

PROVIDENCE – Collection of the 5% hotel tax in Rhode Island in March increased 55% year over year to $1.2 million, according to the...
TWO STATE LEGISLATORS have introduced measures in the General Assembly that would allow Rhode Island to enter into agreements with other states that would prevent them from offering "corporate giveaways" to companies so they move across borders. / PBN FILE PHOTO/ARTISTIC IMAGES

Legislation on ‘no-poaching’ between states raises questions about enforcement

Two Rhode Island lawmakers are calling for a truce in the economic border war waged with tax incentives with neighboring states, but some authorities...
FOR THE SECOND YEAR IN A ROW, Rhode Island's take of NFL Super Bowl bets increased, according to the R.I. Department of Revenue. Around $6.79 million was gambled this year at the Bally’s Twin River and Tiverton casinos, along with the state’s mobile sports betting app. / PBN FILE PHOTO

Super Bowl bets in R.I. increase 4.4% Y/Y in 2022

PROVIDENCE – Rhode Island’s total take on legal Super Bowl bets grew for the second year in a row, with a 4.4% increase from...
THE R.I. OFFICE OF REVENUE ANALYSIS, part of the R.I. Department of Revenue, last month issued a report asking state legislators to address flaws in the Jobs Development Act tax incentive program. PBN FILE PHOTO/CASSIUS SHUMAN

Legislators slow to address tax incentive program deemed ineffective

An R.I. Office of Revenue Analysis report critical of a 28-year-old tax incentive program intended to create jobs hasn’t exactly inspired legislators to move...
RHODE ISLAND cash collections rose 18.8% year over year in November to $352 million. / COURTESY R.I. DEPARTMENT OF REVENUE

R.I. cash collections up 18.8% Y/Y in November

PROVIDENCE – Cash collections in Rhode Island in November totaled $352 million, an 18.8% increase from $296.2 million one year prior, the R.I. Department...
REVENUE STREAM: Two people try their luck at video slot machines at Bally’s Twin River Lincoln Casino. Revenue generated through slot machines and table games at Rhode Island’s two casinos, in combination with lottery tickets and drawings, is one of the biggest sources of funding for the state’s $13 billion budget. / PBN PHOTO/
MICHAEL SALERNO

ALL IN with Bally’s: But how risky is R.I.’s heavy reliance...

Rhode Island has come to rely heavily on Justin Kane and other recreational gamblers like him. Kane, a Providence real estate investor, likes to blow...

5% hotel tax collection in R.I. soars 75% Y/Y in Sept.

PROVIDENCE – Collection of the 5% hotel tax in Rhode Island in September increased 75% year over year to $2.9 million, according to the...
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