Tuesday, January 9, 2018

Report: Providence tax deals lack compliance, transparency

By Dan McGowan, WPRI.com Reporter
Published: January 9, 2018, 12:45 pm

PROVIDENCE, R.I. (WPRI) – There is “widespread noncompliance” with annual reporting requirements for recipients of tax breaks in the city of Providence, according to a review of the special deals released Monday by the city’s internal auditor’s office.

The 95-page report on the city’s 52 active tax stabilization agreements (TSAs), prepared at the request of the City Council, also suggests there “is not an easy or transparent way” for the public to learn about the incentives that are currently in place.

Full WPRI Story

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