Specialized Stock Provisions for Software Developers
Rhode Island grants complete personal income tax exemption for capital gains or ordinary income that result from the sale, transfer, or exercise of qualified or non-qualified stock or options for employees in software industries (defined by SIC codes 7371, 7372, 7373).
For More Information Follow These Web Links
- RI General Law: http://www.rilin.state.ri.us/Statutes/TITLE44/44-39.3/INDEX.HTM
Jean Robertson