2009 Rhode Island Code
Title 42 - State Affairs and Government
CHAPTER 42-64.6 - Jobs Training Tax Credit Act
§ 42-64.6-5 - Deduction.

SECTION 42-64.6-5

   § 42-64.6-5  Deduction. – A qualifying employer shall be denied a deduction for any expenses used to determine a credit, which was allowed under this chapter. If the credit is subsequently recaptured, or if the expenses attributable to the program exceed the amount on which the credit is allowed, a deduction shall be allowed in the taxable year in which the expense is recaptured, or paid or incurred.

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