Tax Foundation: R.I. corporate tax rate ranks among middle of states

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RHODE ISLAND'S 7% corporate tax rate was the 11th-highest among the 29 states that impose a single-rate tax system, according to the Tax Foundation. / COURTESY TAX FOUNDATION
PROVIDENCE – When it comes to corporate taxes, Rhode Island ranks in the middle of the pack compared with other states, according to a new analysis by the Tax Foundation. The Ocean State’s 7% corporate tax rate was the 11th-highest among the 29 states that impose a single-rate tax system, as opposed to one with…

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