Rhode Island General Laws 44-62-1. Tax credit for contributions to a scholarship organization – General
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In order to enhance the educational opportunities available to all students in this state, a business entity will be allowed a tax credit to be computed as provided in this chapter for voluntary cash contribution made by the business entity to a qualified scholarship.
History of Section.
P.L. 2006, ch. 246, art. 24, § 1.
Terms Used In Rhode Island General Laws 44-62-1
- Business entity: means an entity authorized to do business in this state and subject to taxes imposed under chapters 44-11, 44-13, 44-14, 44-15 and 44-17 of the general laws. See Rhode Island General Laws 44-62-6