2013 Maryland Code
INSURANCE
§ 6-112 - Local tax prohibited


MD Ins Code § 6-112 (2013) What's This?

§6-112.

(a) Except for a property tax, a county or municipal corporation of the State may not impose a tax on a person subject to taxation under this subtitle.

(b) This section does not exempt shares of stock of a domestic corporation from the property tax and assessment merely because the shares are owned by a person subject to taxation under this subtitle.

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