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<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif"><img width="335" height="84" style="width:3.4895in;height:.875in" id="Picture_x0020_1" src="cid:image001.png@01D7D0A9.9AB124F0"></span><span style="font-family:"Verdana",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif">The Rhode Island Division of Taxation has created a webpage that will serve as a storehouse for information about the Rhode Island tax treatment of Paycheck Protection Program (PPP) loan forgiveness.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif">“This is an easily accessible resource for businesses, tax professionals, and others who want to find out the latest information about the taxation of PPP loans,” said Rhode Island Tax Administrator
Neena Savage. “It is part of our continuing effort to provide taxpayer-friendly and business-friendly services.”<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif">For more information, please use the following link:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><a href="http://www.tax.ri.gov/Advisory/ADV_2021_41.pdf">http://www.tax.ri.gov/Advisory/ADV_2021_41.pdf</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif">To go directly to the new webpage, which includes FAQs, forms, and other information, please use the following link:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><a href="http://www.tax.ri.gov/PPPLoans/index.php">http://www.tax.ri.gov/PPPLoans/index.php</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif">Thank you.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Verdana",sans-serif;font-variant:small-caps;color:#4472C4">Neil Downing<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;font-variant:small-caps">Chief Revenue Agent<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;font-variant:small-caps">Rhode Island Division of Taxation<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;font-variant:small-caps">One Capitol Hill<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;font-variant:small-caps">Providence, R.I. 02908<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif"><a href="mailto:Neil.Downing@tax.ri.gov">Neil.Downing@tax.ri.gov</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;font-variant:small-caps">(401) 574-8115</span><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#203864">IMPORTANT:
</span></b><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#ED7D31">Effective January 4, 2022</span></b><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif">,
</span></b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#203864">tax payments can no longer be made using the website which uses the following web address:
</span><span style="font-size:10.0pt;font-family:"Verdana",sans-serif"><a href="https://www.ri.gov/taxation/business/index.php">https://www.ri.gov/taxation/business/index.php</a>.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#203864">Instead, online debit payments may
<b>only</b> be made via the Division’s </span><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#ED7D31"><a href="https://taxportal.ri.gov/"><span style="color:#ED7D31;text-decoration:none">Taxpayer Portal</span></a></span></b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#203864">,
which can be accessed via the following address<b>:</b></span><span style="font-size:10.0pt;font-family:"Verdana",sans-serif">
<b><span style="color:#ED7D31"><a href="https://taxportal.ri.gov"><span style="color:#ED7D31;text-decoration:none">https://taxportal.ri.gov</span></a></span></b>.
<span style="color:#203864">To get a portal account or for questions, please call the Division at (401) 574-8484.
<o:p></o:p></span></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#203864">Please activate your
</span></b><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#ED7D31"><a href="https://taxportal.ri.gov/"><span style="color:#ED7D31;text-decoration:none">Taxpayer Portal</span></a>
</span></b><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#203864">account as soon as possible.</span></b><b><span style="font-size:10.0pt;font-family:"Verdana",sans-serif;color:#843C0C"><o:p></o:p></span></b></p>
<p class="MsoNormal"><o:p> </o:p></p>
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