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Rhode Island General Laws — Title 44 (Taxation)

R.I. Gen. Laws § 44-14-15

Dividends excluded from income

Official textwebserver.rilegislature.govlast amended

There shall not be included in a taxpayer’s net income dividends received from the shares of stock of:

# (1)

Any corporation if over fifty percent (50%) of the corporation’s value was apportioned to this state in determining the tax last imposed on it by chapter 11 of this title;

# (2)

Any utility if over fifty percent (50%) of the utility’s gross earnings was apportioned to this state in determining the tax last imposed on it by chapter 13 of this title;

# (3)

Any banking institution liable to a tax under this chapter; and

# (4)

Any corporation specified in § 44-11-1(4)(i).

Amendment history

History of Section. P.L. 1942, ch. 1212, art. 7, § 6; G.L. 1956, § 44-14-15; P.L. 1994, ch. 93, § 3.

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In this chapter (40 sections)
  1. 44-14-1 · Short title
  2. 44-14-2 · Definitions
  3. 44-14-3 · Tax on state banks
  4. 44-14-4 · Tax on national banks
  5. 44-14-5 · Minimum tax
  6. 44-14-6 · Filing of annual return
  7. 44-14-7 · Extension of time for return
  8. 44-14-8 · Statements, returns, and rules and regulations
  9. 44-14-9 · Reports filed with banking and insurance division
  10. 44-14-10 · “Net income” defined
  11. 44-14-11 · “Gross income” defined
  12. 44-14-12 · Gain or loss from disposition of securities
  13. 44-14-13 · Business expenses deductible
  14. 44-14-14 · Write-downs or reserves for security losses
  15. 44-14-14.1 · Apportionment and allocation of income for purposes of…
  16. 44-14-14.2 · Definitions applicable to §§ 44-14-14.1 — 44-14-14.5
  17. 44-14-14.3 · Receipts factor
  18. 44-14-14.4 · Property factor
  19. 44-14-14.5 · Payroll factor
  20. 44-14-15 · Dividends excluded from income
  21. 44-14-16 · Liability of fiduciaries
  22. 44-14-17 · Exemption of intangible property and stock from taxation
  23. 44-14-18 · Payment of tax
  24. 44-14-19 · Examination and correction of returns — Refund or credit
  25. 44-14-19.1 · Claims for refund — Hearing upon denial
  26. 44-14-19.2 · Limitations on assessment
  27. 44-14-20 · Interest on delinquent payments
  28. 44-14-21 · Lien on real estate
  29. 44-14-22 · Supplemental returns
  30. 44-14-23 · Information confidential — Types of disclosure authorized
  31. 44-14-24 · Power to summon witnesses
  32. 44-14-25 · Service of summons
  33. 44-14-26 · Enforcement of summons
  34. 44-14-27 · Determination of tax without return
  35. 44-14-28 · Pecuniary penalty for failure to file return
  36. 44-14-29 · Pecuniary penalty for false return
  37. 44-14-30 · Collection of pecuniary penalties
  38. 44-14-31 · Examination of books and witnesses
  39. 44-14-32 · Penalty for violations by banks
  40. 44-14-33 · Penalty for violations by individuals
Full table of contents →