Combined Reporting Study
STATE of
ā
RHODE
I
HOPE
ISLAND
Department of Revenue
Division of Taxation
Single Entity vs. Combined Filing
"Unitary business" means the activities of a group of two (2)
or more corporations under common ownership that are
sufficiently interdependent, integrated or interrelated through
their activities so as to provide mutual benefit and produce a
significant sharing or exchange of value among them or a
significant flow of value between the separate parts.
"Common ownership" means more than fifty percent (50%)
of the voting control of each member of the group is directly or
indirectly owned by a common owner or owners, either
corporate or non-corporate, whether or not owner or owners
are members of the combined group.
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