Research and Development Exemption Certificate - Rhode Island

Research and Development Exemption Certificate - Rhode Island

Research and Development Exemption Certificate is a legal document that was released by the Rhode Island Department of Revenue - Division of Taxation - a government authority operating within Rhode Island.

FAQ

Q: What is the Research and Development Exemption Certificate?A: The Research and Development Exemption Certificate is a certificate that allows businesses in Rhode Island to receive a sales tax exemption on qualifying research and development equipment and supplies.

Q: Who is eligible for the Research and Development Exemption Certificate?A: Businesses engaged in research and development activities in Rhode Island are eligible for the Research and Development Exemption Certificate.

Q: What qualifies as research and development equipment and supplies?A: Qualifying research and development equipment and supplies include items used directly and exclusively in research and development activities.

Q: How do I apply for the Research and Development Exemption Certificate?A: To apply for the Research and Development Exemption Certificate, businesses need to fill out an application and submit it to the Rhode Island Division of Taxation.

Q: Is there a fee for the Research and Development Exemption Certificate?A: No, there is no fee for the Research and Development Exemption Certificate.

Q: How long is the Research and Development Exemption Certificate valid?A: The Research and Development Exemption Certificate is valid for a period of three years.

Q: Can I use the Research and Development Exemption Certificate for all types of purchases?A: No, the Research and Development Exemption Certificate only applies to sales and use tax on qualifying research and development equipment and supplies.

Q: Are there any restrictions on the use of the Research and Development Exemption Certificate?A: Yes, the Research and Development Exemption Certificate cannot be used for purchases of tangible personal property that will be used, consumed, or distributed in a manner that is inconsistent with research and development activities.

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Form Details:

  • The latest edition currently provided by the Rhode Island Department of Revenue - Division of Taxation;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Rhode Island Department of Revenue - Division of Taxation.

Download Research and Development Exemption Certificate - Rhode Island

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