Qualified Jobs Incentive Tax Credit
Provides Rhode Island employers a sustained hiring incentive for creating qualifying full-time local jobs.
The Qualified Jobs Incentive Tax Credit is a rolling, continuously open program administered by the Rhode Island Commerce Corporation that rewards businesses for creating new full-time employment in the state. Rhode Island companies that establish a minimum of 10 new qualifying full-time positions — meeting state wage standards set by RI Commerce — are eligible to receive a tax credit of up to $7,…
Rhode Island tax credits of up to $7,500 per qualifying new full-time job per year for up to 10 years, available to businesses that create at least 10 new qualifying positions in the state.
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