§ 44-4-24 - Rule as to situs of tangible personal property. - Rhode Island Statutes

SECTION 44-4-24

   § 44-4-24  Rule as to situs of tangiblepersonal property. – (a) All ratable tangible personal property shall be taxed to the owner of theproperty in the town or city in which the property has been situated for thelarger portion of the twelve (12) months ending with the date of assessment. Ifany tangible personal property has not been situated in any one town or cityfor the larger portion of the twelve (12) months ending with the date ofassessment, then the tangible personal property shall be taxed in the town orcity where the property is stored, garaged, or permanently situated at the timeof assessment.

   (b) Any tax or portion of a tax under this section in arrearsat the time of application or renewal is cause for the clerk of any city ortown to refuse to grant or renew any license created under the ordinances ofthe city or town.