News & Events

Taxes Changes Taking Effect Today

The Rhode Island Department of Revenue, Division of Taxationh as prepared a document of the tax changes taking effect today, July 1, 2015. Approved by the General Assembly & signed into law by Governor Gina Raimondo on June 30, 2015, many of the changes were a result of legislation proposed by the Governor in her fiscal 2016 budget.

The following topics will experience tax changes: (view full document here)

  • Heating Fuel
  • Electricity and Gas
  • Enterprise Zone Tax Credits
  • Sales Tax on Alcoholic Beverages
  • Wholesale Tax on Alcoholic Beverages
  • Managed Audits
  • Tax Credits and Incentives
  • Jobs Development Act
  • Short-term Vacation Rentals
  • Short-term Room Rentals
  • Room Resellers
  • Real Estate Conveyance Tax
  • Gasoline Tax

Please note: The budget signed into law June 30, 2015 includes other tax provisions which will take effect at a later date.