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RIPEC: R.I. backslid in tax rankings, but 2022 presents opportunity for...

PROVIDENCE – Rhode Island has never been considered a national leader for business tax policy, but in recent years its corporate tax environment has...

Tax Foundation: R.I. in top 10 most tax-burdened states

PROVIDENCE – Rhode Island continues to rank among the top 10 most “tax-burdened” states, according to new analysis from the Tax Foundation published March...
THE RHODE ISLAND Public Expenditure Council recommended that the state continue to pursue tax policies that would increase its ranking on the Tax Foundation's State Business Tax Climate Index in analysis released Tuesday. / COURTESY TAX FOUNDATION

RIPEC suggests steps to boost R.I. business tax climate

PROVIDENCE – The Rhode Island Public Expenditure Council released its analysis of the Tax Foundation's 2021 Business Tax Climate Index on Tuesday, offering recommendations...
PLANNING AHEAD: Brad McGuire, a tax partner at Blum, Shapiro & Co. in Cranston, and other accountants have been spending a lot of time talking with clients about possible changes to the estate and gift taxes under the Biden administration. / PBN PHOTO/MICHAEL SALERNO

Fear of heftier estate tax has R.I.’s wealthy worried

The potential of higher taxes on gifts and estates after Democrat Joe Biden enters the White House in January is giving a lot of...

Report: Increased cigarette tax rate in R.I. led to more smuggling

PROVIDENCE – A new report from the Tax Foundation found that following the increase of the cigarette excise tax in Rhode Island from $3.75...

Tax Foundation: R.I. ranks 37th for business-friendly tax climate

PROVIDENCE – Rhode Island ranks in the bottom third among states based on business-friendly tax climates, according to a new report by the Tax...

DLT: R.I. insurance trust fund down $138M, borrowing inevitable

PROVIDENCE – As state unemployment claims continue to rise, the money available to pay out benefits is going down. The state’s insurance trust fund had...
R.I. DEPARTMENT OF LABOR AND TRAINING Director Scott R. Jensen says the state’s quick reaction to the COVID-19 pandemic and its transparency in releasing unemployment data has skewed how Rhode Island’s workforce appears to be faring in comparison with other states. / PBN FILE PHOTO/ RUPERT WHITELEY

R.I.’s jobless numbers standing out

Early indicators suggest the economic shutdown created by the new coronavirus may be hitting the labor force in Rhode Island harder than in most...
RHODE ISLAND has been identified by multiple reports as having one of the highest rate of unemployment filings as a share of labor force in the country amid the COVID-19 pandemic. / AP FILE PHOTO/PAUL SANCYA

Reports: R.I. unemployment filings as share of workforce rank among highest...

PROVIDENCE – Two reports have found that Rhode Island has been one of the hardest-hit states in the country due to the COVID-19 pandemic,...
ADJUSTMENTS: Donna Murray, left, assistant director of labor market information at the R.I. Department of Labor and Training, goes over changes to Rhode Island’s unemployment and temporary disability insurance tax laws with Margaux Fontaine. / PBN PHOTO/MIKE SKORSKI

R.I. makes changes to unemployment, TDI taxes

Many Rhode Island employers could see a reduction in the amount of unemployment insurance tax they pay, while employees are on the hook for...
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