There is a newer version of the Maryland Code
2013 Maryland Code
TAX - PROPERTY
§ 14-705 - Tax penalty -- When inaccurately reported property assessed
MD Tax-Prop Code § 14-705 (2013) What's This?
§14-705.
If an escaped property assessment of personal property is made under § 8-417 of this article, an additional assessment penalty equal to 20% of the escaped property assessment shall be added to the assessment of the personal property.
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.