INCENTIVE DESCRIPTION

State:	RI
Incentive Type:	Sales and Use Tax Incentives
Incentive Title:	Sales Tax Exemptions
Description:	SALES TAX EXEMPTIONS: The following items are exempt from sales tax: 1. tools, dies, molds and machinery and equipment used in an industrial plant; 2. Regulated investment companies with at least 500 full time employees on toll-free terminating telecommunication service; 3. sale of intangible personable; 4. sale of tangible property, computer software and public utility services when a property or service becomes a component of a manufactured product; 5. scientific equipment used in R&D; 6. pollution control equipment & supplies; 7. aircraft and fuel used for propulsion.
Eligibility Requirements:	Must be qualified purchases.
Geographic Restrictions:	Statewide
Granting Authority:	Department of Revenue

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.