280-20-20 R.I. Code R. § 6.14

Current through June 20, 2024

Section 280-RICR-20-20-6.14 - Information Requests

A. The Division of Taxation and its agents, for the purpose of ascertaining the correctness of any credit claimed under the provisions of this chapter, may examine any books, papers, records, or memoranda bearing upon the matters required to be included in the return, report, or other statement, and may require the attendance of the person executing the return, report, or other statement, or of any officer or employee of any taxpayer, or the attendance of any other person, and may examine the person under oath respecting any matter which the Tax Administrator or his or her agent deems pertinent or material in determining the eligibility for credits claimed and may request information from the Commission, and the Commission shall provide the information in all cases, to the extent not otherwise prohibited by statute.

B. Submissions to the Rhode Island Division of Taxation shall include:

1. CPA cost Certification Report;

2. Rhode Island Form HTC-8016;

3. Schedule of all development costs - qualified and non-qualified;

4. Schedule of all documents filed with the Commission, including pictures; and

5. Excel spreadsheet (or similar program) containing all costs, qualified and nonqualified, associated with the project. This spreadsheet shall:

a. Be sorted and subtotaled by the historic cost categories as outlined on the Rhode Island Form HTC-8016. Subtotals must agree with the line items on the cost report.

b. All categories in the cost report shall be itemized separately.

c. The detail shall include the vendor's name, amount and date of each invoice. Copies of invoices may be requested.

d. The spreadsheet shall have columns for qualified and non-qualified costs.

280 R.I. Code R. § 280-RICR-20-20-6.14