Rhode Island: tax incentives, credits and advisors
Rhode Island's state incentives include a 30% motion picture production credit and a 20% to 25% historic structures credit.
Facts checked 2026-10-26 against the official sources linked below.
Below are the major Rhode Island incentives we could verify against an official source, grouped by type. This is not an exhaustive list of every state program. Credits flagged Transferable can be sold or assigned to another taxpayer under state rules; see transferable state tax credits. Each row shows the date we last checked it.
Rhode Island film and media incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Motion picture production tax credit | Credit | Film, video and TV productions with primary locations in Rhode Island | 30% of state-certified production costs; up to $7 million per project (waivable); 3-year carryforward | Not stated | Not stated | Active | R.I. Gen. Laws 44-31.2-5 Last verified 2026-10-26 |
Rhode Island historic and building rehabilitation incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Historic structures tax credit | Credit | Owners rehabilitating certified historic structures | 20% of qualified rehabilitation expenditures (residential); 25% if at least 25% of space is for a trade or business; 10-year carryforward | Not stated | Not stated | Active | R.I. Gen. Laws 44-33.6-3; RI Historical Preservation & Heritage Commission, Tax Credits Last verified 2026-10-26 |
Rhode Island brownfield and redevelopment incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Rebuild Rhode Island tax credit | Credit (redeemable) | Real estate projects of at least $5 million with a financing gap, approved by Commerce | Up to 20% of project costs, 30% in some cases | Not stated | Redeemable | Active | RI Executive Office of Commerce, Rebuild RI Tax Credit Last verified 2026-10-26 |
Rhode Island research and development incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Research and development expense credit | Credit | Taxpayers with Rhode Island qualified research expenses above a base | 22.5% of the first $25,000 of credit and 16.9% above; limited to 50% of tax due | Not stated | Not stated | Active | R.I. Gen. Laws 44-32-3 Last verified 2026-10-26 |
Advisors located in Rhode Island
No advisors in our directory list a Rhode Island location yet. Browse all advisors, or list your firm.
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Common questions
What is the Rhode Island film credit?
30% of state-certified production costs, up to $7 million per project unless waived, with a 3-year carryforward.
What is the Rhode Island historic credit?
20% of qualified rehabilitation expenditures, or 25% when at least 25% of space is for a trade or business, with a 10-year carryforward.
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