280-20-20 R.I. Code R. § 15.7

Current through June 20, 2024

Section 280-RICR-20-20-15.7 - Minimum Tax and Carryover

A. The incentive cannot reduce the business' tax for that year below the minimum (if any) for the chapter under which the business is filing.

B. Any amount of incentive not used in the business' tax year may not be carried over to any following year.

280 R.I. Code R. § 280-RICR-20-20-15.7