Rhode Island Code of Regulations
Title 280 - Department of Revenue
Chapter 20 - Division of Taxation
Subchapter 20 - TAX CREDITS/DEDUCTIONS
Part 16 - Disabled Access Credit for Small Businesses (280-RICR-20-20-16)
Section 280-RICR-20-20-16.4 - Limitations and Miscellaneous

A. The credit cannot reduce the small business' tax for that tax year below the minimum for the chapter under which the business is filing.

B. The credit is not refundable and any amount of credit not used may not be carried over to any subsequent year.

C. If the small business is included in a consolidated return, the credit is allowed against the tax of only the corporation which qualifies for the credit and will not be allowed against the tax of other corporations that may join in the filing of a consolidated state tax return with the small business.