§ 10-701.1. Credit for share of taxes paid by pass-through entities
West's Annotated Code of MarylandTax-GeneralEffective: February 15, 2021
Effective: February 15, 2021
MD Code, Tax - General, § 10-701.1
§ 10-701.1. Credit for share of taxes paid by pass-through entities
A member of a pass-through entity may claim a credit against the income tax for a taxable year in the amount of tax paid by a pass-through entity under § 10-102.1 of this title that is attributable to the member's share of the pass-through entity's taxable income, as defined in § 10-102.1(a)(8) of this title.
Credits
Added by Acts 1991, c. 86. Amended by Acts 1992, c. 536; Acts 2005, c. 25, § 12, eff. April 12, 2005; Acts 2005, c. 444, § 2, eff. July 1, 2005; Acts 2020, c. 641, § 1, eff. July 1, 2020; Acts 2021, c. 39, § 2, eff. Feb. 15, 2021.
MD Code, Tax - General, § 10-701.1, MD TAX GENERAL § 10-701.1
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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