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Feb. 1% meal and beverage tax collection totals $2.1M

PROVIDENCE – Collection of the 1 percent meal and beverage tax in Rhode Island reached $2.1 million in February, a 38.8 percent increase from...
IGT REPORTED a $64. 5 million loss for the first quarter of 2018.

IGT reports $64.5M loss for Q1

PROVIDENCE – International Game Technology PLC reported a net loss of $64.5 million for the first quarter of 2018, compared with a net loss...
MARCH CASH COLLECTIONS totaled $277.9 million in Rhode Island. The state collected $2.7 billion fiscal year to date in March as well.

DOR: March cash collections total $277.9 million

PROVIDENCE – March cash collections in Rhode Island totaled $277.9 million, a $38.5 million decline year over year, the R.I. Department of Revenue said...
LOCAL 1 PERCENT HOTEL tax collections totaled $201,833 in January. / COURTESY DURKIN COTTAGE REALTY

DOR: Jan. 1% hotel tax collections continue climb

PROVIDENCE – Local 1 percent hotel tax collections totaled $201,833 in January, a $36,930 year-over-year increase, according to the R.I. Department of Revenue Friday.The...
THE 2018 TAX EXPENDITURES REPORT found that tax expenditures accounted for a combined $4.4 billion for forgone revenue in tax years 2014 and 2015.

DOR: R.I. made $4.4 billion in tax expenditures in tax years...

PROVIDENCE – The 2018 Tax Expenditures Report said that the state missed out on $2.26 billion in tax year 2014 for 238 tax expenditure...
ONE PERCENT MEAL AND BEVERAGE tax collection in Rhode Island increased 21.7 percent year over year in January. / BLOOMBERG FILE PHOTO/CHRIS RATCLIFFE

DOR: 1% meal and beverage tax collection rises in January

PROVIDENCE – Collection of the 1 percent meal and beverage tax in Rhode Island increased 21.7 percent in January to $2.07 million from $1.7...
FISCAL-YEAR-TO-DATE general revenue collections outperformed estimates by 2 percent in March, while monthly collections beat estimates by 7.1 percent, both largely driven by unexpectedly large personal income tax collections.

DOR: March FYTD general revenue collections beat estimates by 2%

PROVIDENCE – Fiscal year-to-date state revenue in March outperformed estimates by 2 percent at $2.4 billion, according to the R.I. Department of Revenue Wednesday.March...
CASH COLLECTIONS in Rhode Island totaled $181 million in February, up 8.6 percent year over year.

DOR: Feb. cash collections up 8.6%

PROVIDENCE – February general revenue cash collections in Rhode Island increased 8.6 percent year over year to $181 million, according to the R.I. Department...
COLLECTION OF THE 5 PERCENT Hotel Tax in November totaled $1.27 million. The Omni Providence Hotel accounted for $100,326 of collections for the month. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

DOR: 5% hotel tax collection in Nov. totals $1.27M

PROVIDENCE – Collection of the 5 percent hotel tax in November totaled $1.27 million, a 10.4 percent increase from November 2016’s $1.15 million collection,...
RHODE ISLAND'S tax amnesty program collected $21.2 million in overdue taxes and interest. / COURTESY R.I. DIVISION OF TAXATION

Tax amnesty collections total $21.2M

PROVIDENCE – The Rhode Island Tax Amnesty of 2017 collected a total of $21.2 million in revenue, according to the R.I. Division of Taxation...
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