State of Rhode Island Division of Taxation 
    Form RI-9261 - Effective 1/1/2015 
    JDA Rate Reduction -         R.I. Gen. Laws §42-64.5                                                15131899990101

Eligible company name                                                                                 Federal employer identification number             For the year ending:

Subsidiary company name                                                                               Federal employer identification number

IF A SUBSIDIARY FILING ON ITS OWN HAS A DIFFERENT FISCAL YEAR THAN ITS PARENT AND IS USING THE PARENT’S 
CALCULATED RATE REDUCTION, IT MAY ONLY USE THAT REDUCTION IF THE SUBSIDIARY’S FISCAL YEAR IS SUBSE-
QUENT TO THAT OF THE PARENT.
IF THE REDUCTION IS FOR A SUBSIDIARY, IT IS NECESSARY TO COMPLETE BOTH OF THE ABOVE SECTIONS.

ENTER THE RATE REDUCTION AMOUNT FROM LINE 10 ON LINE 18 OF SCHEDULE B-CR

ATTACH THIS FORM, ALONG WITH SCHEDULE B-CR, TO YOUR RI-1120C, T-71 OR T-74

Rate Reduction Calculation

1  Adjusted Current Employment - Year Ending _________________ ......................                 1

2  Measurement Ending Date - ____________________ ..........................................          2

3  NEW EMPLOYMENT.  Subtract line 2 from line 1 ...................................................................................................... 3
4 a For Small Business Concerns (Base Employment Level of less than 100 FTEs) -                       4a
   Divide line 3 by 10.     (Round down to nearest whole number)
b All Others - Divide line 3 by 50 - (Round down to nearest whole number)                             4b

5  RATE REDUCTION.  Line 4a or line 4b times 0.0020 ................................................................................................   5

6  Adjusted Income Tax Rate: RI Tax Rate (RI-1120C - 7% (0.07); T-71- 2% (0.02); T-74 - 9% (0.09)) less line 5.........                                6

7  Rhode Island Adjusted Taxable Income fromDRAFTRI-1120C, line 10; T-71, line 5 or T-74, line 9.......................................                7
8  Tax at Rhode Island Rate. Multiply line 7 by the applicable tax rate.......................        8

9  Tax at Reduced Rate.  Multiply line 7 by rate on line 6 .......................................... 9

10 Rate Reduction Credit.  Subtract line 9 from line 8.  Enter the amount here and on the applicable line on Schedule B-CR..                           10

                                            09/14/2023