Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
Rhode Island
Reporting Jurisdiction:
Rhode Island
Jurisdiction type
:
State

Fiscal year ending In:
2020
Program name:
Motion Picture Production Tax Credits
Program purpose
:
Film, TV, and/or media

Statutory authority
:
Rhode Island General Laws 44-31.2

Abating jurisdiction(s)
:
State of Rhode Island

Applicable taxes:
Business Corporation Tax; Public Service Corporation Tax; Financial Institutions Tax; Insurance Companies Tax; Personal Income Tax
Method of abatement
:
Tax credit

Provisions for recapture
:
(not specified)

Gross revenue loss
:
$1,796,000

Reimbursement / offset
:
$0

Net revenue loss
:
$1,796,000

Type of loss
:
Active

Additional notes on dislosure:
(none)