§ 44-11-1 Definitions
§ 44-11-2 Imposition of tax
§ 44-11-2.1 Surtax
§ 44-11-2.2 Pass-through entities – Definitions – Withholding – Returns
§ 44-11-2.3 Pass-through entities – Election to pay state income tax at the entity level
§ 44-11-3 Filing of returns – Due date
§ 44-11-4 Returns of affiliated groups of corporations
§ 44-11-4.1 Combined reporting
§ 44-11-5 Extension of time for filing of returns
§ 44-11-6 Determination and payment of tax due – Hearings and redeterminations
§ 44-11-7 Interest on delinquency payments
§ 44-11-7.1 Limitations on assessment
§ 44-11-8 Lien on real estate
§ 44-11-9 Records, statements, and rules and regulations
§ 44-11-10 Returns and statements required to show whether corporation liable
§ 44-11-11 “Net income” defined
§ 44-11-11.1 Amortization of air or water pollution prevention or hazardous solid waste control facilities
§ 44-11-11.2 Definition of “treatment facility”
§ 44-11-11.3 Accelerated amortization deductions for certain manufacturers
§ 44-11-12 Dividends and interest excluded from net income
§ 44-11-13 Entire net income of business wholly within state
§ 44-11-14 Allocation of income from business partially within state
§ 44-11-14.1 Certified facility apportionment exclusion
§ 44-11-14.2 Allocation and apportionment of regulated investment companies and securities brokerage services
§ 44-11-14.3 Credit card banks – Allocation and apportionment of income
§ 44-11-14.4 Allocation and apportionment – Retirement and pension plans
§ 44-11-14.5 International investment management service income
§ 44-11-14.6 Allocation and apportionment – Manufacturers
§ 44-11-15 Variation of method of allocating income
§ 44-11-19 Supplemental returns – Additional tax or refund
§ 44-11-20 Claims for refund – Hearing upon denial
§ 44-11-21 Information confidential – Types of disclosure authorized – Penalties for unauthorized disclosure
§ 44-11-22 Tax administrator’s power to summon witnesses and evidence
§ 44-11-23 Service of summons
§ 44-11-24 Enforcement of summons
§ 44-11-25 Determination of tax without return
§ 44-11-26 Pecuniary penalty for failure to file return or to pay tax or for negligence
§ 44-11-26.1 Revocation of articles or authority to transact business for nonpayment of tax
§ 44-11-27 Pecuniary penalty for fraud
§ 44-11-28 Collection of pecuniary penalties
§ 44-11-29 Notice to tax administrator of sale of assets – Tax due
§ 44-11-29.1 Letters of good standing – Fees
§ 44-11-30 Examination of taxpayer’s records – Witnesses
§ 44-11-31 Examinations as to liability of transferee
§ 44-11-32 Violations by corporations
§ 44-11-33 Violations by individuals
§ 44-11-34 Criminal penalty for failure to file return
§ 44-11-35 Appeals
§ 44-11-36 Liability of fiduciaries
§ 44-11-37 General collection powers
§ 44-11-38 Collection by writ of execution
§ 44-11-39 Tax as debt to state
§ 44-11-40 Severability
§ 44-11-41 Tax credit for machine tool, metal trade or plastic process technician apprenticeships
§ 44-11-42 Repealed
§ 44-11-43 Passive investment treatment
§ 44-11-44 Annual Rhode Island corporate income and tax data report
§ 44-11-45 Repealed

Terms Used In Rhode Island General Laws > Chapter 44-11 - Business Corporation Tax

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
  • Interrogatories: Written questions asked by one party of an opposing party, who must answer them in writing under oath; a discovery device in a lawsuit.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
  • Personal property: All property that is not real property.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.
  • Writ of certiorari: An order issued by the Supreme Court directing the lower court to transmit records for a case for which it will hear on appeal.