§ 44-30-37 - Credit to trust beneficiary receiving accumulation distribution.
SECTION 44-30-37
§ 44-30-37 Credit to trust beneficiaryreceiving accumulation distribution. – A nonresident beneficiary of a trust whose Rhode Island income includes all orpart 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 thischapter, computed in the same manner and subject to the same limitation asprovided by § 44-30-19 with respect to a resident beneficiary.