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2013 Maryland Code
TAX - GENERAL
§ 7-204 - Tax rate


MD Tax-Gen Code § 7-204 (2013) What's This?

§7-204.

(a) In this section, “clear value” means fair market value minus expenses.

(b) The inheritance tax rate is 10% of the clear value of the property that passes from a decedent.

(c) If a decedent died on or before May 31, 1975, the rate of the inheritance tax is the rate in effect on the date of the decedent’s death.

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