Md. Code Ann., Tax-Gen. § 10-306
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2022
As of January 1, 2019
(a) In addition to the modification under § 10–305 of this subtitle, the amounts under this section are added to the federal taxable income of a corporation to determine Maryland modified income.
(a) In addition to the modification under § 10–305 of this subtitle, the amounts under this section are added to the federal taxable income of a corporation to determine Maryland modified income.
(b) The addition under subsection (a) of this section includes the additions required for an individual under: (1) § 10–205(b) of this title (Enterprise zone wage credit, employment opportunity credit, disability credit, and qualified ex–felon employee credit); (2) § 10–205(c) of this title (Reforestation and timber stand modification); (3) § 10–205(e) of this title (Net operating loss modification); (4) § 10–205(g) of this title (Unlicensed child care facility operating expenses); and (5) § 10–205(i) of this title (Maryland research and development tax credit).
(b) The addition under subsection (a) of this section includes the additions required for an individual under: (1) § 10–205(b) of this title (Enterprise zone wage credit, employment opportunity credit, disability credit, and qualified ex–felon employee credit); (2) § 10–205(c) of this title (Reforestation and timber stand modification); (3) § 10–205(e) of this title (Net operating loss modification); (4) § 10–205(g) of this title (Unlicensed child care facility operating expenses); (5) § 10–205(i) of this title (Maryland research and development tax credit); and (6) § 10–205(m) of this title (Credit for share of taxes paid by pass–through entities).
(c) Repealed.
(c) Repealed.
(d) Repealed.
(d) Repealed.
(e) Repealed.
(e) Repealed.
(f) The addition under subsection (a) of this section includes the amount of a credit claimed under § 10–726 of this title for research and development expenses for cellulosic ethanol technology.
(f) The addition under subsection (a) of this section includes the amount of a credit claimed under § 10–726 of this title for research and development expenses for cellulosic ethanol technology.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.