Tax Incentives - Providence Business News

Daniel Denvir / PBN PHOTO/MICHAEL SALERNO

Five Questions With: Daniel Denvir

5Q 05/24/2024

5Q: Daniel Denvir | Co-chair, Reclaim RI 1. Why is tenant organizing a good strategy? Today, landlords, real estate firms and financial institutions hold...

Limited Deductibility of Research and Experimental and Software Development Costs

Branded Content 09/01/2022

Barring any further legislation, calendar year taxpayers will not be allowed to fully deduct research and experimental (R&E) costs or software development costs when...

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

Economy 04/08/2022

Two Rhode Island lawmakers are calling for a truce in the economic border war waged with tax incentives with neighboring states, but some authorities...

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

Government 02/11/2022

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...

The right way to attract business

Advice 07/24/2020

As companies labor to stay afloat amid the coronavirus pandemic, some businesses that feel hemmed in by local or statewide workplace safety mandates have...

Legislative impact on business

Executive Poll 02/21/2020

Do you think the General Assembly is doing enough to support Rhode Island-based businesses? No: 100% Yes: 0% What legislation should the state focus on to aid...

THE R.I. COMMERCE CORP. IS CONSIDERING UP TO $800,000 in Qualified Jobs Incentive tax credits for the data science firm Aretec Inc. to expand into Rhode Island.

Commerce to consider incentives for data science firm

Economic Activity 07/22/2019

PROVIDENCE – At a meeting scheduled for Monday evening, the R.I. Commerce Corp. board of directors will consider incentives for Aretec Inc. to expand...

GETTING A BOOST: As the 2019 session of the Rhode Island legislature comes to an end, the fiscal 2020 budget includes an expansion of potential incentives for the luxury residential Hope Point tower, to be built ON former Interstate 195 land in Providence. / COURTESY THE FANE ORGANIZATION

Was the R.I. House correct to raise the limit for tax...

This Week's Poll 06/28/2019

In the last-minute rush to pass a budget for fiscal 2020, the R.I. House of Representatives threw a few curve balls, not the least...

Commerce RI approves incentives for Aloft Hotel, Custom & Miller Box

Government 02/01/2019

PROVIDENCE – The R.I. Commerce Corp. board of directors approved incentives for CV Properties LLC and Custom & Miller Box on Jan. 28. CV Properties...