§ 13-412. Consideration payable for instrument of writing
West's Annotated Code of MarylandTax-PropertyEffective: July 1, 2013
Effective: July 1, 2013
MD Code, Tax - Property, § 13-412
§ 13-412. Consideration payable for instrument of writing
(a)(1) Except as provided in subsection (c) of this section and paragraph (2) of this subsection, a county transfer tax shall apply to the consideration payable for an instrument of writing.
(b) Except as provided in subsection (c) of this section, the consideration:
(c)(1) A county transfer tax applies to the consideration paid for the transfer of a controlling interest in a real property entity as defined in § 13-103 of this title that has developed real property under Section 42 of the Internal Revenue Code, the Low Income Housing Tax Credit Program.
Credits
Added by Acts 2010, c. 589, § 1, eff. May 20, 2010; Acts 2010, c. 590, § 1, eff. May 20, 2010. Amended by Acts 2013, c. 531, § 1, eff. July 1, 2013; Acts 2013, c. 532, § 1, eff. July 1, 2013.
MD Code, Tax - Property, § 13-412, MD TAX PROPERTY § 13-412
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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