Rhode Island Code of Regulations
Title 280 - Department of Revenue
Chapter 20 - Division of Taxation
Subchapter 25 - Business Corporation Tax
Part 12 - Consolidated Returns (280-RICR-20-25-12)
Section 280-RICR-20-25-12.5 - Failure to Include Income of Subsidiary

If the income of any subsidiary liable for tax under R.I. Gen. Laws Chapter 44-11 has not been included in the consolidated return, notice may be given by the Tax Administrator to the parent corporation at the Tax Administrator's discretion. The tax liability may be determined on the basis of separate returns for all members of the affiliation: or on a separate return for the subsidiary whose income is omitted from the consolidated return, or on the inclusion of the income of such subsidiary in the consolidated return.