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Rhode Island
By the Numbers

Rhode Island Below is a snapshot of key features of Rhode Island's tax system. (Scroll Down)
Personal Income Tax Features (2015)
  • Range of Tax Rates: 3.75% - 5.99%
  • Standard Deduction: $8,100 ($16,250 for Married Couples) (2014)
  • Personal Exemption: $3,800 (2014)
  • Dependent Exemption: $3,800 (2014)
  • Earned Income Tax Credit (EITC): 10% Refundable
  • Standard deduction and personal exemption phases out for high income levels
Corporate Income Tax Features (2015)
  • Range of Tax Rates: 7.00%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 0%
  • Apportionment Factor (Property): 0%
  • Apportionment Factor (Sales): 100%
Sales Tax Features (2015)
  • State Sales Tax Rate: 7.00%
  • Average Local Sales Tax Rate: N/A
  • Average Combined State & Local Sales Tax Rate: 7.00%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: N/A
  • Number of Services Taxed: 29 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: Full
  • "Amazon law" in effect
  • Sales tax applies to some digital goods and services
Property Tax Features (2015)
  • Levies a car tax with a large exemption.
  • Levies a car tax with a large exemption.
Other Tax & Revenue Features (2015)
  • Gasoline Tax Rate (per gallon): $0.33
  • Diesel Tax Rate (per gallon): $0.33
  • Cigarette Tax Rate (per pack): $3.50
  • Estate or Inheritance Tax: Yes
  • Net Lottery Sales Per Capita: $223 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: Personal income tax only

Last Updated January 13, 2015

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