PROVIDENCE, R.I. -- The Rhode Island Division of Taxation is on track to allow the electronic filing of business returns on or before March 1, 2016.
"The Division is nearing completion of its annual testing of electronic formats for business returns and is working closely with software providers on their electronic forms," said Neena S. Savage, the acting Tax Administrator.
The testing process is typically completed each January, but has taken longer this year as a result of legislation enacted in 2014 that made the most sweeping changes to Rhode Island's corporate tax structure in nearly 70 years.
Those changes – which include mandatory unitary combined reporting and the repeal of the franchise tax – took effect for tax years beginning on or after January 1, 2015, and must be incorporated into the forms and related documents that the agency is finishing now, covering tax year 2015.
For more information, contact Paul Grimaldi, chief of information and public relations, by phone at (401) 574-8766 or email paul.grimaldi@revenue.ri.gov