Rhode Island Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in Rhode Island.
Why calculating business in Rhode Island is different
Rhode Island has a progressive income tax system.
State Income Tax
3.75% - 5.99%
Base Sales Tax
7%
State Min Wage
$14.00 / hr
Abbreviation
RI
Rhode Island Business Interactive Tool
This calculator uses the latest 2026 data for Rhode Island, including the minimum wage of $14.00 and the specific state income tax rates (3.75% - 5.99%).
Frequently Asked Questions about Rhode Island Business
What is the corporate tax rate in Rhode Island?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in Rhode Island must also consider unemployment insurance taxes, sales tax collection (7%), and local business licenses.
Do LLCs pay tax in Rhode Island?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 3.75% - 5.99% rate. However, Rhode Island may also impose an annual LLC franchise fee.