In Rhode Island, entities benefiting from specific tax credits and incentives are now subject to new disclosure requirements enforced by the Division of Taxation. The introduction of Form TC-100 marks a critical shift towards transparency in the administration of tax benefits. This mandate covers a spectrum of financial advantages including but not limited to the Rhode Island Economic Development Corporation Project Status, Incentives for Innovation and Growth, Jobs Development Act, and several others designed to stimulate economic growth and innovation within the state. Entities must report the nature, amount, and governance of their received incentives for the tax year ending June 30, 2009. The detailed completion of this form, which includes a declaration under penalties of perjury regarding the authenticity and correctness of the provided information, is crucial. It ensures compliance with state regulations and contributes to a fairer tax system. The deadline for this submission is a stringent August 15, 2009, emphasizing the importance of timely compliance. This measure underscores the state’s commitment to accountability in tax matters, requiring individuals and organizations to contribute to this ethos by meticulously reporting their tax credits and incentives through Form TC-100.
| Question | Answer |
|---|---|
| Form Name | Form Tc 100 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | TC 100 ri form tc 100 |
STATE OF RHODE ISLAND AND PROVIDENCE PLANTATIONS
DIVISION OF TAXATION
ONE CAPITOL HILL
PROVIDENCE, RI 02908
Form
Tax Credits and Incentives Disclosure Form
Name of Recipient
Address
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State |
Zip Code |
Social Security Number or Federal Identification Number
.New law requires entities receiving specific tax credits and incentives to disclose certain information to the Division of Taxation. The Act affects all entities using the following tax credits and incentives:
.Rhode Island Economic Development Corporation Project Status - §
.Incentives for Innovation and Growth - §
.Jobs Development Act - §
.Distressed Areas Economic Revitalization Act - Enterprise Zones - §
.Mill Building and Economic Revitalization Act - §
Motion Picture Production TaxCredits - §
Please complete the section below detailing your tax credits and/or incentives for tax year ending 6/30/2009.
Source of Credit/Incentive |
Description of Credit/Incentive |
Amount of Credit/Incentive |
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Name of Governmental Entity, StateAgency or PublicAgency |
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If additional space is needed, please attach a separate sheet with the additional information.
This disclosure form must be filed with the Division of Taxation on or before August 15, 2009.
Under penalties of perjury, I declare that I have examined this return, and to the best of my knowledge and belief, it is true, correct and complete.
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Telephone number |
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If you have further questions or need assistance, please contact Donna Dube at (401)
Mail completed form to: RI Division of Taxation
Credits &Incentives
One Capitol Hill
Providence, RI 02908
Attn: Donna Dube