State Codes and Statutes
Statutes > Rhode-island > Title-44 > Chapter-44-13 > 44-13-2-1SECTION 44-13-2.1
§ 44-13-2.1 Public service companiessubject to tax. – (a) Every public service company defined, foreign or domestic, engaging in anyof the same businesses within this state of any corporation enumerated in§ 44-13-4, 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 determined inthe same manner as provided for corporations under § 44-13-1(b) for thepreceding calendar year or for the portion of the year that the public servicecompany has carried on or was authorized to carry on business within thisstate, and shall be computed at the rates prescribed in § 44-13-4. Allother provisions of this chapter and title as they relate to public servicecorporations shall apply to public service companies.
(b) For purposes of this chapter, "public service company"means and includes every joint stock company, association, partnership (limitedor general), joint venture, or other entity or individual formed for or engagedin any business which, when engaged in by a corporation, is subject to taxunder this chapter.
