Tag: R.I. Department of Revenue
5% state hotel tax collections drop nearly 60% Y/Y in November
PROVIDENCE – Collections of the state 5% hotel tax totaled declined 59.7% year over year to $501,312 in November, the R.I. Department of Revenue...
DOR: State COVID-19 grants will be taxed
PROVIDENCE – While the state is posed to lose “tens of millions” in tax revenue from forgivable payroll loans, the state’s COVID-19 relief grant...
DOR: State coffers won’t get boost from tax rules around forgivable...
PROVIDENCE - Already-strained state coffers won't get any help from new tax guidelines on forgivable Paycheck Protection Program loans but businesses will benefit.
Rhode Island...
Cross-border differences in sales-tax policy create headaches
The rise of interstate e-commerce is magnifying long-standing differences in sales-tax laws among various states, forcing retailers with far-flung customers to adhere to 50...
DOR: State car tax phaseout is financially feasible
PROVIDENCE – Higher projected revenues mean the state can afford to pay out more money in aid to cities and towns to phase out...
Combined collection of 1% hotel and meal and beverage taxes declines...
PROVIDENCE – The combined collection of local 1% hotel and meal and beverage taxes in October declined 24.6% year over year, according to the...
5% hotel tax collections decline 34.2% Y/Y in September
PROVIDENCE – Collection of the 5% hotel tax in Rhode Island totaled $1.6 million in September, a decline of 34.2% from the same period...
State announces changes to ‘pause grants’ for businesses
PROVIDENCE – More flexibility in how R.I businesses can apply for state grant funds during the two-week pause is expected to help grow demand,...
R.I. launches application for ‘pause’ relief funds
PROVIDENCE – The online application for the new $50 million grant program for businesses affected by the upcoming two-week pause that begins Nov. 30...
Collection of 5% hotel tax declines 34.7% Y/Y in Aug.
PROVIDENCE – Collection of the 5% hotel tax in August totaled $2.2 million, a 34.7% decline year over year, the R.I. Department of Revenue...