Regulation
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FedEx joins CVS in pressing Congress for corporate tax cut
Top executives from 18 large U.S. companies, including FedEx Corp., CVS Caremark Corp. and Boeing Co., are trying to keep up pressure on Congress to cut corporate tax rates. more
Tax changes go into effect on Monday
The R.I. Division of Taxation is reminding retailers and consumers of three major sales tax changes going into effect on Monday, Oct. 1. more
| 9/28/12 | 1 comment
Tighter R.I. nightclub controls urged
Colosseum nightclub co-owner Anthony Santurri knew mayhem such as the stabbings at nearby Richmond Street hotspot Level II in April – in Providence’s nascent Knowledge District – posed as potentially lethal a threat to the nightlife industry as it did for patrons. more
Wind energy credits extended in tax bill
The extension of wind energy tax credits is included in the passage of the bill to avert the “fiscal cliff” late New Year’s Day. The bill now moves to President Barack Obama for his expected signature, according to a release from the American Wind Energy Association. more
Defense contractors gain reprieve on cuts without long-term fix
Defense contractors led by Lockheed Martin Corp., General Dynamics Corp. and Raytheon Co. gained a reprieve from U.S. spending cuts that may prove short-lived. more
Tax amnesty program collected final total of $22.4M
Rhode Island collected a total of $22.38 million in back taxes under this fall’s tax amnesty program, the R.I. Department of Revenue said Wednesday. more
| 1/2/13
AVX settlement largest ever for Superfund site
BOSTON – The U.S. Environmental Protection Agency and the Mass. Department of Environmental Protection reached a settlement with AVX Corp. for $366.25 million plus interest for the cleanup of the Superfund site in New Bedford Harbor, the largest single-site cash settlement in the history of the Superfund program. more
10/15/12
R.I. businesses targeted by RICC scam letter
Rhode Island businesses are being targeted with a direct mail solicitation scam letter from an organization calling itself Rhode Island Corporate Compliance, the Secretary of State’s office warned Friday. more
| 4/5/13
Raimondo scored on investing, transparency by Forbes blogger
NEW YORK – General Treasurer Gina M. Raimondo is taking heat from a new source for her efforts related to the state workers’ pension system, but the criticism is not coming from a local source. … more
| 4/5/13
U.S. banks to pay $8.5B to settle foreclosure missteps
Ten of the largest U.S. mortgage servicers will pay a combined $8.5 billion under an agreement that will end case-by-case reviews of foreclosure-abuse claims stemming from a 2011 deal with regulators more
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