2013 Maryland Code
TAX - GENERAL
§ 8-208 - Tax credit -- For tax paid to other state
§8-208.
A savings bank or savings and loan association doing business outside this State may claim a credit against the financial institution franchise tax equal to the amount paid to another jurisdiction as:
(1) a tax based on savings accounts or saving share accounts bought in this State;
(2) a tax on gross receipts from business done in this State; or
(3) a tax on income derived from business done in this State.
§ 8-208 - 1. Credit for certified rehabilitation
Repealed by Acts 2001, chs. 160 and 161, § 1, effective July 1, 2001.
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