Home Table of Contents

§ 10-706. Taxes credit allowed against county and state income tax computation

West's Annotated Code of MarylandTax-General

West's Annotated Code of Maryland
Tax-General (Refs & Annos)
Title 10. Income Tax (Refs & Annos)
Subtitle 7. Income Tax Credits (Refs & Annos)
MD Code, Tax - General, § 10-706
§ 10-706. Taxes credit allowed against county and state income tax computation
Currentness
Credits under subtitle applicable to State taxes
(a) Except as otherwise provided in this section, a credit allowed under this subtitle is allowed against the State income tax only.
Credit under § 10-701 applicable to State and county taxes
(b) A credit under § 10-701 of this subtitle is allowed against the total county and State income taxes.
Scope of subtitle
(c)(1) A credit allowed under § 10-704(a)(1) or § 10-709(b)(1) of this subtitle is allowed against the State income tax only.
(2) A credit allowed under § 10-704(a)(2) or § 10-709(b)(2) of this subtitle is allowed against the county income tax only.

Credits

Added by Acts 1996, c. 10, § 1, eff. April 9, 1996. Amended by Acts 1997, c. 4, § 1, eff. July 1, 1997; Acts 1998, c. 5, § 1, eff. July 1, 1998; Acts 1998, c. 21, § 9, eff. April 14, 1998; Acts 1998, c. 399, § 1, eff. May 12, 1998; Acts 1999, c. 493, § 1, eff. May 13, 1999.
MD Code, Tax - General, § 10-706, MD TAX GENERAL § 10-706
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document