Rhode Island General Laws
Chapter 44-14 - Taxation of Banks
Section 44-14-5. - Minimum tax.

§ 44-14-5. Minimum tax.
The tax imposed upon any banking institution or national banking association under §§ 44-14-3 and 44-14-4 shall not be less than one hundred dollars ($100).
History of Section.P.L. 1942, ch. 1212, art. 7, § 3; P.L. 1943, ch. 1341, § 2; G.L. 1956, § 44-14-5; P.L. 1958, ch. 17, art. 2, § 1; P.L. 1959, ch. 169, art. 1, § 1; P.L. 1960, ch. 66, art. 1, § 1; P.L. 1968, ch. 263, art. 6, § 1; P.L. 1970, ch. 139, art. 1, § 3; P.L. 1977, ch. 136, § 1.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 44 - Taxation

Chapter 44-14 - Taxation of Banks

Section 44-14-1. - Short title.

Section 44-14-2. - Definitions.

Section 44-14-3. - Tax on state banks.

Section 44-14-4. - Tax on national banks.

Section 44-14-5. - Minimum tax.

Section 44-14-6. - Filing of annual return.

Section 44-14-7. - Extension of time for return.

Section 44-14-8. - Statements, returns, and rules and regulations.

Section 44-14-9. - Reports filed with banking and insurance division.

Section 44-14-10. - “Net income” defined.

Section 44-14-11. - “Gross income” defined.

Section 44-14-12. - Gain or loss from disposition of securities.

Section 44-14-13. - Business expenses deductible.

Section 44-14-14. - Write-downs or reserves for security losses.

Section 44-14-14.1. - Apportionment and allocation of income for purposes of taxation.

Section 44-14-14.2. - Definitions applicable to §§ 44-14-14.1 — 44-14-14.5.

Section 44-14-14.3. - Receipts factor.

Section 44-14-14.4. - Property factor.

Section 44-14-14.5. - Payroll factor.

Section 44-14-15. - Dividends excluded from income.

Section 44-14-16. - Liability of fiduciaries.

Section 44-14-17. - Exemption of intangible property and stock from taxation.

Section 44-14-18. - Payment of tax.

Section 44-14-19. - Examination and correction of returns — Refund or credit.

Section 44-14-19.1. - Claims for refund — Hearing upon denial.

Section 44-14-19.2. - Limitations on assessment.

Section 44-14-20. - Interest on delinquent payments.

Section 44-14-21. - Lien on real estate.

Section 44-14-22. - Supplemental returns.

Section 44-14-23. - Information confidential — Types of disclosure authorized.

Section 44-14-24. - Power to summon witnesses.

Section 44-14-25. - Service of summons.

Section 44-14-26. - Enforcement of summons.

Section 44-14-27. - Determination of tax without return.

Section 44-14-28. - Pecuniary penalty for failure to file return.

Section 44-14-29. - Pecuniary penalty for false return.

Section 44-14-30. - Collection of pecuniary penalties.

Section 44-14-31. - Examination of books and witnesses.

Section 44-14-32. - Penalty for violations by banks.

Section 44-14-33. - Penalty for violations by individuals.

Section 44-14-34. - Penalty for failure to file return.

Section 44-14-35. - Hearing on application by bank.

Section 44-14-36. - Appeals.

Section 44-14-37. - Collection by writ of execution.

Section 44-14-38. - Severability.