§ 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.
History of Section.P.L. 2002, ch. 65, art. 16, § 4.
Structure Rhode Island General Laws
Chapter 44-30 - Personal Income Tax
Section 44-30-1. - Persons subject to tax.
Section 44-30-1.1. - Exemption from tax for writers, composers, and artists.
Section 44-30-1.2. - Annual Rhode Island personal income and tax data report.
Section 44-30-2. - Rate of tax.
Section 44-30-2.1. - Refund deduction for contribution to U.S. Olympic Committee.
Section 44-30-2.3. - Refund deduction for contribution to the childhood disease victims' fund.
Section 44-30-2.4. - Refund deduction for contribution to the drug program account.
Section 44-30-2.5. - Refund deduction for contribution to the Rhode Island organ transplant fund.
Section 44-30-2.6. - Rhode Island taxable income — Rate of tax.
Section 44-30-2.7. - Capital gains rates for assets held more than five (5) years.
Section 44-30-2.8. - Net operating loss deduction.
Section 44-30-2.10. - Alternative flat tax rate.
Section 44-30-3. - Optional tax tables for resident individuals.
Section 44-30-4. - Accounting periods and methods.
Section 44-30-5. - “Resident” and “nonresident” defined.
Section 44-30-6. - Meaning of terms.
Section 44-30-7. - Amortization of air or water pollution control facilities.