Rhode Island Interstate Bus Tax Exemption
- Jul 6, 2012 | Will Frei
Previously, Rhode Island general law only exempted trucks, trailers and buses from these taxes if used by a truck company for interstate commerce. However, H 7640A extends the exemption to buses used by "...a bus company in interstate commerce..." (emphasis added).
In order to receive the exemption, a bus companies must ". . . provide a properly executed affidavit attesting to the fact that the bus is used no less than eighty percent (80%) of the time in interstate commerce" (link added).
This act went into effect when signed by the governor on June 20, 2012.