§ 44-13-2 - Foreign corporations subject to tax. - Rhode Island Statutes

SECTION 44-13-2

   § 44-13-2  Foreign corporations subject totax. – Every corporation enumerated in § 44-13-4, organized or incorporatedoutside of this state and carrying on or being authorized to carry on businesswithin this state, shall annually pay a tax or excise to the state for theprivilege of carrying on or being authorized to carry on business within thisstate during any part of the preceding calendar year. The tax shall be inaddition to any tax upon its real estate and tangible personal property locallyor otherwise assessed and shall be measured by its gross earnings, determinedas provided in § 44-13-1(b), for the preceding calendar year or for theportion of the year that the corporation has carried on or was authorized tocarry on business within this state, and shall be computed at the ratesprescribed in § 44-13-4.