Rhode Island § 28-17-3 § 28-17-3. Tax exemption.

Rhode Island Statutes

§ 28-17-3 — § 28-17-3. Tax exemption.

Rhode Island·Title 28 Labor and Labor Relations·Ch. 28-17 Employeesâ€™ Trusts

§ 28-17-3. Tax exemption.
The intangible personal property held in any employees' trust as defined in § 28-17-1 shall be exempt from all sales and use taxes and all other state and local taxation
            so long as it is held in trust and used for the purposes of the trust and of the plan
            of which the trust forms a part. The right of any employee or beneficiary under the
            plan to any pension, annuity, or retirement allowance or to the return of contributions,
            and any other benefit or right accrued or accruing to any person under the terms of
            the trust or plan shall be exempt from all local taxation and state taxation except
            for the personal income tax impose

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§ 28-17-3. Tax exemption.

The intangible personal property held in any employees' trust as defined in § 28-17-1 shall be exempt from all sales and use taxes and all other state and local taxation so long as it is held in trust and used for the purposes of the trust and of the plan of which the trust forms a part. The right of any employee or beneficiary under the plan to any pension, annuity, or retirement allowance or to the return of contributions, and any other benefit or right accrued or accruing to any person under the terms of the trust or plan shall be exempt from all local taxation and state taxation except for the personal income tax imposed under the provisions of chapter 30 of title 44.

Rhode Island § 28-17-3 (§ 28-17-3. Tax exemption.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.