2013 Maryland Code
TAX - GENERAL
§ 11-214 - Nonresident property

§11-214.

The sales and use tax does not apply to use of tangible personal property or a taxable service that:

(1) a nonresident:

(i) acquires before the property or service enters the State; and

(ii) uses:

1. for personal enjoyment or use or for a use that the Comptroller specifies by regulation, other than for a business purpose; or

2. in a presentation or in conjunction with a presentation of an exhibit, show, sporting event, or other public performance or display; and

(2) does not remain in the State for more than 30 days.

§ 11-214 - 1. Precious metal bullion and coins

(a) Definitions. -- In this section:

(1) "precious metal bullion or coins" means:

(i) any precious metal that has gone through a refining process and is in a state or condition such that its value depends on its precious metal content and not on its form; or

(ii) except as provided in paragraph (2) of this subsection, monetized bullion, coins, or other forms of money that:

1. are manufactured from precious metals; and

2. are or have in the past been used as a medium of exchange under the laws of the State, the United States, or a foreign nation; and

(2) "precious metal bullion or coins" does not include jewelry or a work of art made of precious metal bullion or coins.

(b) Exemption. -- The sales and use tax does not apply to a sale of precious metal bullion or coins if the sale price is greater than $ 1,000.