NEW: Licensing and enforcement of ENDS products Licensing and enforcement of Electronic Nicotine-Delivery System (ENDS) products, also known as ecigarettes or vapes, are being transitioned to the Rhode Island Division of Taxation. For more information, please see the Division’s Notice and/or visit the ENDS tax webpage.
Credits Rhode Island statute allows for multiple tax credits and incentives that can be used to offset tax liability. Some of these tax credits and incentives are "by right" and do not require pre-approval or certification by the Rhode Island Division of Taxation. These credits and incentives still require that supporting documentation and a tax credit form, if applicable, be provided when the tax credit or incentive is claimed on a tax return. Without this supporting documentation, the tax credit or incentive claimed will not be allowed. The Rhode Island Division of Taxation oversees and administers several tax credit and incentive programs. Below, you will find links to the procedures and applications for these select credits. The credit and incentive programs require applications, approval and review by the RI Division of Taxation and, if applicable, another state agency. Historic Preservation Investment Tax Credits R.I. Gen. Laws § 44-33.2 RI Regulation 280-RICR-20-20-3 Historic Preservation Tax Credits 2013 Visit here for a list of Historic Preservation Tax Credits 2013 Agreements R.I. Gen. Laws § 44-33.6 RI Regulation 280-RICR-20-20-6 Historic Preservation Tax Credits 2013 Agreement Addendum to the Historic Preservation Tax Credits 2013 Agreement Motion Picture Production Tax Credits Click here for a list of production Impact Analysis Statements R.I. Gen. Laws § 44-31.2 RI Regulation 280-RICR-20-20-5 Musical & Theatrical Production Tax Credits R.I. Gen. Laws § 44-31.3 Tax Credits for Contributions to Scholarship Organizations Visit the program's web page for applications and additional information Visit the program's report page to view statutory year-end reports R.I. Gen. Laws § 44-62 These tax credit and incentive programs are administered in conjunction with the RI Commerce Corporation. Rhode Island New Qualified Jobs Incentive Act 2015 R.I. Gen. Laws § 44-48.3 RI Regulation 870-RICR-30-00-4 Rebuild Rhode Island Tax Credit R.I. Gen. Laws § 42-64.20 RI Regulation 870-RICR-30-00-5 Stay Invested in RI Wavemaker Fellowship R.I. Gen. Laws § 42-64.26 RI Regulation 870-RICR-30-00-1 Contact Us Forms, Credits & Incentives Section Email: Tax.Credits@tax.ri.gov