§ 44-30-2.8 - Net operating loss deduction.
SECTION 44-30-2.8
§ 44-30-2.8 Net operating loss deduction.– For purposes of net operating losses under this chapter, the five (5) yearcarryback provision provided by the Job Creation and Worker Assistance Act of2002 (P.L. 107-147)(see 26 U.S.C. § 172) for federal tax purposes shallnot be allowed for Rhode Island tax purposes.