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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif">The Rhode Island Division of Taxation this afternoon posted a proposed corporate tax regulation involving mandatory unitary combined reporting.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif">It is a revised version of the proposed regulation for which a public hearing was held last month. Although there are no major differences between the versions, there are enough
differences to warrant a re-posting and a second public hearing, said Acting Tax Administrator Neena S. Savage.
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif">“We believe that stakeholders will find no major differences, but we nevertheless are re-posting the regulation and scheduling a second public hearing in the interest of transparency,
and to keep everyone informed,” she said. Details about the hearing, and other information, are contained in the regulation, which is available through the following link:<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif"><a href="http://go.usa.gov/cUeA9">http://go.usa.gov/cUeA9</a><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-variant:small-caps;color:#002060">Neil Downing<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">Chief Revenue Agent<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">Rhode Island Division of Taxation<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">One Capitol Hill<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">Providence R.I. 02908<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060"><a href="mailto:Neil.Downing@tax.ri.gov"><span style="color:#002060">Neil.Downing@tax.ri.gov</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">(401) 574-8115<o:p></o:p></span></p>
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