Rhode Island Code of Regulations
Title 280 - Department of Revenue
Chapter 20 - Division of Taxation
Subchapter 20 - TAX CREDITS/DEDUCTIONS
Part 15 - Tax Incentives for Employers (280-RICR-20-20-15)
Section 280-RICR-20-20-15.3 - Definitions

Universal Citation: 280 RI Code of Rules 20 20 15.3

Current through September 18, 2024

A. "Business" means any corporation, limited liability company, partnership, individual, sole proprietorship, joint stock company, joint venture or any other legal entity through which business is legally conducted or the successors or assigns thereof.

B. "Unemployed" means and refers to an individual who attests that he or she is not working and

1. has received unemployment compensation benefits under R.I. Gen. Laws Chapter 28-44 or any similar laws of another state any time within a one-year period before the date of hire; or

2. has been a recipient of Rhode Island Aid to Families with Dependent Children (R.I. Gen. Laws Chapter 40-6) for a minimum of one year before the date of hire.

C. "Paid employment" shall mean a period of time during which any employee has been hired by a business and is receiving Rhode Island wages or salaries for his or her service.

D. "Tax incentives or incentive" means a deduction or modification in the computed taxes owed by a claimant business.

E. "First year wages" shall mean the Rhode Island wages or Rhode Island salary of the newly-hired employee and actually paid by the business for a period of 365 days from the employee's first day of work as evidenced by the W-2's provided by the claimant's business for the calendar years into which such time period falls. Wages subject to the incentive shall be reduced by any direct state or federal assistance.

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