§ 14-705. Tax penalty; When inaccurately reported property assessed
West's Annotated Code of MarylandTax-Property
MD Code, Tax - Property, § 14-705
§ 14-705. Tax penalty; When inaccurately reported property assessed
If an escaped property assessment of personal property is made under § 8-417 of this article, an additional assessment penalty equal to 20% of the escaped property assessment shall be added to the assessment of the personal property.
Credits
Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986.
Formerly Art. 81, § 34A.
MD Code, Tax - Property, § 14-705, MD TAX PROPERTY § 14-705
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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