§ 44-18-19.1 - Direct Pay Permit. - Rhode Island Statutes

SECTION 44-18-19.1

   § 44-18-19.1  Direct Pay Permit. – (a) A business that regularly purchases goods and services for use both withinand outside this state may, at its option, apply to the tax administrator for adirect pay permit. The holder of a direct pay permit shall be authorized tomake payment of sales and use tax on purchases of goods and services directlyto the division of taxation in lieu of payment to the seller. Said permit shallbe valid for a twenty-four (24) month period subject to renewal.

   (b) The issuance of a direct pay permit is subject to thediscretion of the tax administrator. Prior to issuance of said permit the taxadministrator must be satisfied that such an action shall not jeopardize thecollection of tax.

   (c) The tax administrator shall publish regulations regardingthe conditions upon which a direct pay permit shall issue.