{"data":{"id":"us-ri/r.i.-gen.-laws-44-18.1-25","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 44-18.1-25","heading":"Rounding rule.","body":"(A) After December 31, 2005, each member state shall adopt a rounding algorithm that meets the following criteria:\n(1) Tax computation must be carried to the third decimal place, and\n(2) The tax must be rounded to a whole cent using a method that rounds up to the next cent whenever the third decimal place is greater than four.\n(B) Each state shall allow sellers to elect to compute the tax due on a transaction on an item or an invoice basis, and shall allow the rounding rule to be applied to the aggregated state and local taxes. No member state shall require a seller to collect tax based on a bracket system.","path":["Title 44 Taxation","Chapter 18.1 Adoption of the Streamlined Sales and Use Tax Agreement"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE44/44-18.1/44-18.1-25.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T20:00:28Z","sha256":"57f64d176257c1db8f1874fd9556eeb2be92bcf2bd3d35518878b9bd9be24303","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-44-18.1-24","next":"us-ri/r.i.-gen.-laws-44-18.1-26"},"notice":"GroundRules: Original legal text. Not legal advice."}