280 R.I. Code R. 280-RICR-20-25-15.1
Current through December 26, 2024
These rules and regulations implement various provisions of R.I. Gen. Laws Title 44 as they relate to the treatment of accumulated foreign income deemed repatriated under the federal law commonly known as the Tax Cuts and Jobs Act (Pub. Laws 115-97) and as implemented in new 26 U.S.C. § 965. These sections outline the inclusion of 965 Income for Rhode Island purposes, the apportionment of 965 Income, and the application of certain deductions for purposes of the Rhode Island Business Corporation Tax.
280 R.I. Code R. 280-RICR-20-25-15.1