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Tue November 26, 2013
Tax-free wine and art coming to Rhode Island Sunday
If you are a aficionado of wine and works of art, you’ll be pleased that beginning Sunday you’ll get a sales tax break. This means that if you purchase win and spirits from a Rhode Island liquor store, you will not have to pay the state’s 7 percent sales tax.
And if you buy original works of art or limited edition art works anywhere in the Ocean State, the 7 percent sales tax is waived.
These tax breaks are the result of action taken by the 2013 General Assembly and signed into law by Gov. Lincoln Chafee.
``These new provisions come just in time for the busy shopping season,’’ says state Tax Administrator David Sullivan. ``They should help spur sales and boost Rhode Island’s economy.’’
While wine and spirits are exempt from sales taxes for the next 16 months in R.I., beer and malt beverages will continue to be taxed. The tax break was put into effect by the Assembly in response to a voter referendum in Massachusetts that rolled back alcohol taxes and gave Bay State liquor stores along the Massachusetts – Rhode Island border a price advantage.