§ 10-724. Aquaculture oyster float tax credit
West's Annotated Code of MarylandTax-General
MD Code, Tax - General, § 10-724
§ 10-724. Aquaculture oyster float tax credit
(a) In this section, “aquaculture oyster float” means a device that is:
(b) Subject to the limitations of this section, an individual may claim a credit against the State income tax in an amount equal to 100% of the purchase price of aquaculture oyster floats purchased during the taxable year.
(c)(1) For any taxable year, the credit allowed under this section may not exceed the lesser of:
Credits
Added by Acts 2002, c. 557, § 1, eff. July 1, 2002.
MD Code, Tax - General, § 10-724, MD TAX GENERAL § 10-724
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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