2009 Rhode Island Code
Title 44 - Taxation
CHAPTER 44-30 - Personal Income Tax
§ 44-30-37 - Credit to trust beneficiary receiving accumulation distribution.
SECTION 44-30-37
§ 44-30-37 Credit to trust beneficiary receiving accumulation distribution. – A nonresident beneficiary of a trust whose Rhode Island income includes all or part of an accumulation distribution by the trust, as defined in 26 U.S.C. § 665, shall be allowed a credit against the tax otherwise due under this chapter, computed in the same manner and subject to the same limitation as provided by § 44-30-19 with respect to a resident beneficiary.
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