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Benzinga
Benzinga
Business
Tanya Rawat

Taylor Swift Could Soon Be Writing a Bigger Check As Rhode Island's New Luxury Home Tax Officially Kicks In

London,,Uk,-,January,28,,2025:,Vibrant,Wax,Figure,Of

Rhode Island’s new Non-Owner Occupied Property Tax took effect Wednesday, imposing a levy on residential properties assessed above $1 million that are not used as a primary residence.

The tax, enacted under Rhode Island’s Fiscal Year 2026 budget, applies to homes that are not occupied by the owner or a tenant for at least 183 days per year.

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