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§ 6-301. Application of subtitle

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 6. Taxes and Fees
Subtitle 3. Retaliation (Refs & Annos)
MD Code, Insurance, § 6-301
§ 6-301. Application of subtitle
Currentness
In general
(a) This subtitle does not apply to:
(1) personal income taxes;
(2) ad valorem taxes on real or personal property;
(3) special purpose obligations or assessments imposed by another state in connection with particular kinds of insurance other than property insurance; or
(4) assessments imposed by insurance guaranty associations or similar organizations in another state.
Deductions from taxes allowed for real or personal property taxes paid
(b) Notwithstanding subsection (a) of this section, in determining the propriety and extent of retaliatory action under this subtitle, the Commissioner shall take into consideration deductions from premium taxes or other taxes otherwise payable, allowed for real or personal property taxes paid.

Credits

Added by Acts 1997, c. 57, § 1, eff. Oct. 1, 1997.
MD Code, Insurance, § 6-301, MD INSURANCE § 6-301
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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