Rhode Island H7703 suspends the gross earnings tax on electric and gas companies until January 1, 2036.
Rhode Island H7703 amends the gross earnings tax rates for various corporations, specifically suspending the tax on electric and gas companies until January 1, 2036. The bill adjusts the tax rates for different types of corporations, including those involved in telecommunications, public service, and manufacturing. This change will take effect on January 1, 2027.
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