R.I. Gen. Laws § 44-30-2.8

Current through 2024 Public Law 457

Section 44-30-2.8 - Net operating loss deduction

For purposes of net operating losses under this chapter, the five (5) year carryback provision provided by the Job Creation and Worker Assistance Act of 2002 (P.L. 107-147) (see 26 U.S.C. § 172) for federal tax purposes shall not be allowed for Rhode Island tax purposes.

P.L. 2002, ch. 65, art. 16, § 4.