2010 Maryland Code
Subtitle 5 - County Exemptions - Optional; Payments in Lieu of Taxes
Section 7-507 - Foreign import property.

§ 7-507. Foreign import property.

If the Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation authorizes, by law, the stock in business consisting of foreign imports of a business engaged in importing is not subject to county or municipal corporation property tax if the foreign import is: 

(1) in the possession of the business engaged in importing; and 

(2) in its original package. 

[An. Code 1957, art. 81, § 9A; 1985, ch. 8, § 2.] 

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.