Section 280-RICR-20-25-8.5 - DefinitionsA. "Combined group" means a group of two or more corporations in which more than fifty percent (50%) of the voting stock of each member corporation is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, or by one or more of the member corporations, and that are engaged in a unitary business.B. "Corporation" has the meaning set forth in R.I. Gen. Laws § 44-11-1(4), and includes an LLC, partnership or other entity electing to be taxed as a corporation for federal tax purposes. When a partnership or other pass-through entity is directly or indirectly held by a corporation, the business conducted by such a partnership or pass-through entity is considered the business of the corporation to the extent of the corporation's distributive share of the partnership or pass-through entity net income.C. "Foreign corporation" means a corporation not organized under the laws of Rhode Island.D. "General partner" has the meaning set forth in R.I. Gen. Laws § 7-13-1(7), as amended.D. "Income" encompasses both profits and losses, whether active or passive.E. "Limited partner" has the meaning set forth in R.I. Gen. Laws § 7-13-1(8), as amended.F. "Nexus" means a connection or link with the state sufficient to subject a person to tax by the state, as described in § 8.6 of this Part.G. "Office" means a permanent or temporary location where any person or other entity makes sales or holds itself out to the public as conducting a business. An in-home office of a sales representative is generally not considered an "office" of a corporation for purposes of this Part, provided that the representative does not hold himself out as doing business on behalf of the corporation at that location by either publishing the home address or phone number as a corporate business address or phone number or through other actions.H. "Partnership" has the meaning set forth in R.I. Gen. Laws § 7-12-17, as amended.280 R.I. Code R. § 280-RICR-20-25-8.5