§ 42-64.11-6. Regulatory authority. (a) The Rhode Island economic development corporation may promulgate such regulations as it deems necessary and appropriate to carry out its functions under this chapter.
(b) The tax administrator may adopt such regulations as he or she deems necessary and appropriate in connection with the taxes imposed and modifications granted herein. Appropriate adjustments shall be made for short taxable years.
(c) All submissions made by an eligible company hereunder shall be subscribed under penalties of perjury.
(d) By filing an application, the eligible company authorizes the department of labor and training and the division of taxation to disclose to the Rhode Island economic development corporation such data relating to the eligible company and its affiliated entities as may be necessary to verify the information in the initial application or an updated application. Information submitted by an eligible company under this chapter to the Rhode Island economic development corporation, the division of taxation, or the department of labor and training shall be deemed tax return information exempt from disclosure under § 38-2-2(4)(i)(O) (relating to tax returns).
History of Section. (P.L. 2005, ch. 53, § 1; P.L. 2005, ch. 54, § 1.)