January 14, 2013

Rhode Island Poverty Institute: Tax Incentive Disclosure and Accountability

ITEP Work in Action

“During the 2008 General Assembly session, legislation was enacted to require greater disclosure and accountability of tax credits received by corporations. The legislation required that information about six tax credits be released in three phases. Phase One, just released for the second year in a row by the Rhode Island Department of Revenue, lists the names and addresses of the recipients and the amount of the tax credits received during the previous fiscal year.”