reglab/housing_qa huggingface dataset:
MD. Tax - General Code Ann. §  6-103 (2021)
2021 Maryland Statutes|Tax - General|Title 6 - Boxing and Wrestling Tax|Subtitle 1 - Definitions; General Provisions|Section 6-103 - Exemptions

    The boxing and wrestling tax does not apply to:         (1)    an intercollegiate, interscholastic, or intramural boxing or wrestling contest held on the campus or under the auspices of a college, high school, or university in the State; or        (2)    an amateur boxing or wrestling contest held under the auspices of the United States of America Amateur Boxing Federation or the Young Men’s Christian Association.
MD. Tax - General Code Ann. §  6-104 (2021)
2021 Maryland Statutes|Tax - General|Title 6 - Boxing and Wrestling Tax|Subtitle 1 - Definitions; General Provisions|Section 6-104 - Tax Rates

    (a)    The boxing and wrestling tax rate is:        (1)    except as provided in subsection (b) of this section, for charges to view a telecast of a boxing or wrestling contest, 10% of the gross receipts;        (2)    except as provided in item (3) of this subsection, for charges for admission to a boxing or wrestling contest, the greater of:            (i)    10% of the gross receipts; or            (ii)    $200; and        (3)    for charges for admission to a boxing or wrestling contest, 5% of the gross receipts if the contest is conducted by:            (i)    the Maryland National Guard; or            (ii)    in Allegany County, a post of the Veterans of Foreign Wars or the American Legion.    (b)    For charges to view a telecast of a boxing or wrestling contest, if gross receipts subject to the boxing and wrestling tax are also subject to the sales and use tax, the boxing and wrestling tax rate shall be set so the total tax rate does not exceed 10% of the gross receipts.
MD. Tax - General Code Ann. §  6-201 (2021)
2021 Maryland Statutes|Tax - General|Title 6 - Boxing and Wrestling Tax|Subtitle 2 - Returns|Section 6-201 - Required

    A person shall complete, under oath, and file with the Comptroller the boxing and wrestling tax return:         (1)    on or before the 10th day of the month that follows the month in which the person has gross receipts subject to the boxing and wrestling tax; and        (2)    for other periods and on other dates that the Comptroller specifies by regulation, including periods in which the person has no gross receipts subject to the tax.
MD. Tax - General Code Ann. §  6-202 (2021)
2021 Maryland Statutes|Tax - General|Title 6 - Boxing and Wrestling Tax|Subtitle 2 - Returns|Section 6-202 - Records

    (a)    Each person who has gross receipts subject to the boxing and wrestling tax shall keep complete and accurate records in the form and with the information that the Comptroller requires by regulation.    (b)    The person who is required under subsection (a) of this section to keep records shall make the records available for inspection and examination by the Comptroller at any time during business hours.    (c)    The person shall keep the records required under subsection (a) of this section for 4 years, unless the Comptroller consents in writing to an earlier destruction of the records or requires in writing that the records be kept longer than 4 years.
MD. Tax - General Code Ann. §  6-301 (2021)
2021 Maryland Statutes|Tax - General|Title 6 - Boxing and Wrestling Tax|Subtitle 3 - Tax Payment|Section 6-301 - Required

    A person who has gross receipts subject to the boxing and wrestling tax shall pay the tax on those gross receipts with the return that covers those receipts.
MD. Tax - General Code Ann. §  7-301 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-301 - Definitions

    (a)    In this subtitle the following words have the meanings indicated.    (b)    “Estate” means the federal gross estate of a decedent, as determined by Subtitle B of the Internal Revenue Code, as increased by any property not otherwise included in the federal gross estate that is deemed to be included pursuant to § 7-309(b)(6) of this subtitle.    (c)    “Federal estate tax” means the tax imposed by Chapter 11 of the Internal Revenue Code.    (d)    “Maryland estate” means the part of an estate that this State has the power to subject to the Maryland estate tax.
MD. Tax - General Code Ann. §  7-302 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-302 - Imposition of Tax

    Except as provided in § 7-303 of this subtitle, a tax is imposed on the transfer of the Maryland estate of each decedent who, at the time of death, was:         (1)    a resident of this State; or        (2)    a nonresident of this State whose estate includes any interest in:            (i)    real property permanently located in this State; or            (ii)    tangible personal property that has a taxable situs in this State.
MD. Tax - General Code Ann. §  7-303 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-303 - Exemption

    (a)    Except as provided in subsection (b) of this section, the Maryland estate tax does not apply to the transfer of personal property in an estate of a nonresident decedent, if, at the time of death, the decedent is a resident of a state or foreign country whose law, when the personal property is transferred:        (1)    does not impose death taxes on the transfer of similar personal property of a resident of this State; or        (2)    contains a reciprocal exemption from death taxes similar to the exemption allowed under this subsection.    (b)    The exemption under subsection (a) of this section does not include a transfer of tangible personal property that has a taxable situs in this State.
MD. Tax - General Code Ann. §  7-304 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-304 - Amount of Tax

    (a)    Subject to § 7-309 of this subtitle, in this section, “federal credit” means the maximum credit for death taxes paid to any state that is allowable under § 2011 of the Internal Revenue Code against the federal estate tax of a decedent as reduced by the proportion that the amount of the estate not included in the Maryland estate bears to the amount of the entire estate of the decedent.    (b)    (1)    Except as otherwise provided in this subsection, the Maryland estate tax is the amount, if any, by which the federal credit exceeds the total of death taxes other than the Maryland estate tax that:            (i)    are imposed by a state on property included in the Maryland estate;            (ii)    are allowable in computing the federal credit; and            (iii)    except as provided in § 13-906 of this article, have actually been paid out of the Maryland estate and received by the appropriate unit of this State.        (2)    Subject to § 7-309 of this subtitle, the Maryland estate tax may not exceed the amount whose timely payment in accordance with federal law would reduce the amount of the federal estate tax payable out of the Maryland estate had this subtitle not been enacted.    (c)    The Maryland estate tax is not affected by a failure to take or preserve the federal credit.
MD. Tax - General Code Ann. §  7-305 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-305 - Tax Return

    (a)    If a federal estate tax return is required to be filed, the person responsible for filing the federal estate tax return shall complete, under oath, and file a Maryland estate tax return with the Comptroller 9 months after the date of the death of a decedent.    (b)    If a federal estate tax return is not required to be filed but a federal estate tax return would be required to be filed if the applicable exclusion amount under § 2010(c) of the Internal Revenue Code were no greater than the applicable exclusion amount specified under § 7–309(b) of this subtitle, the person who would be responsible for filing the federal estate tax return shall complete, under oath, and file a Maryland estate tax return with the Comptroller 9 months after the date of the death of the decedent.    (c)    If a person files a Maryland estate tax return solely for the purpose of making the election under § 7–309(b) of this subtitle to allow a surviving spouse to take into account the deceased spousal unused exclusion amount, the person shall file the Maryland estate tax return within 2 years after the date of death of the decedent.    (d)    (1)    After a person files a Maryland estate tax return, the person shall file an amended Maryland estate tax return with the Comptroller if the Maryland estate tax liability is increased because of:            (i)    a change in the federal gross estate, federal taxable estate, federal estate tax, or other change as determined under the Internal Revenue Code;            (ii)    after–discovered property;            (iii)    a correction to the value of previously reported property;            (iv)    a correction to the amount of previously claimed deductions; or            (v)    any other correction to a previously filed return.        (2)    (i)    The amended return shall be filed within 90 days after the later to occur of the date of the event that caused the increase in the Maryland estate tax liability or the date on which the person required to file an amended Maryland estate tax return learned or reasonably should have learned of the increase in the Maryland estate tax liability.            (ii)    On request, each register shall certify to the Comptroller the amount of inheritance tax paid for each decedent for whom an amended Maryland estate tax return is filed with the Comptroller.
MD. Tax - General Code Ann. §  7-305.1 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-305.1 - Extension of Time for Filing

    (a)    This section does not apply to an amended estate tax return.    (b)    (1)    Subject to § 13-601 of this article, the Comptroller may extend the time to file an estate tax return up to 6 months, or if the person required to file the estate tax return is out of the United States, up to 1 year.        (2)    An estate that is afforded a later due date for filing the federal estate tax return under the Internal Revenue Code shall be afforded the same later due date for filing the Maryland estate tax return.        (3)    A request for an extension of time to file the Maryland estate tax return shall be filed on a form prescribed by the Comptroller.
MD. Tax - General Code Ann. §  7-306 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-306 - Tax Payment

    (a)    Except as provided in § 7–307 of this subtitle, the person responsible for filing the Maryland estate tax return under § 7–305 of this subtitle shall pay the Maryland estate tax to the Comptroller no later than 9 months after the date of the death of the decedent.    (b)    An extension of time to file the Maryland estate tax return granted by the Comptroller under § 7–305.1 of this subtitle does not extend the time for remitting the Maryland estate tax.    (c)    If an amended Maryland estate tax return is filed pursuant to § 7–305(d) of this subtitle, the person responsible for filing the amended Maryland estate tax return shall pay the additional Maryland estate tax developed on the amended Maryland estate tax return to the Comptroller when the amended Maryland estate tax return is filed with the Comptroller.
MD. Tax - General Code Ann. §  7-307 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 3 - Maryland Estate Tax|Section 7-307 - Alternative Payment Schedule

    (a)    On application of the person responsible for paying the Maryland estate tax and subject to § 13–601 of this article, the Comptroller may allow an alternative payment schedule for the Maryland estate tax, notwithstanding any payment extension under § 6166 of the Internal Revenue Code.    (b)    The payment schedule may be in the form of:        (1)    a payment deferral; or        (2)    an installment payment plan.    (c)    (1)    For each alternative payment schedule allowed under subsection (a) of this section, the Comptroller shall specify the procedures and guidelines, including:            (i)    conditions of eligibility; and            (ii)    1.    amount and duration of any payment deferral; or                2.    amount of and scheduled time for any installment payments.        (2)    If the Comptroller denies an application for an alternative payment schedule, the Comptroller shall mail a notice of the denial to the applicant.    (d)    (1)    If an alternative payment schedule is allowed under subsection (a) of this section, the person responsible for filing the Maryland estate tax return under § 7–305 of this subtitle shall pay the tax in accordance with the schedule.        (2)    If the Maryland estate tax is paid in accordance with an alternative payment schedule allowed under subsection (a) of this section, a penalty for the late payment of the tax may not be assessed under § 13–701 of this article.
MD. Tax - General Code Ann. §  7-401 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 4 - Maryland Generation-Skipping Transfer Tax|Section 7-401 - Definitions

    (a)    In this subtitle the following words have the meanings indicated.    (b)    “Federal credit” means:        (1)    the maximum allowable credit for State taxes under § 2604 of the Internal Revenue Code against the federal generation-skipping transfer tax; less        (2)    the amount that bears the same ratio to the maximum allowable credit as the value of the generation-skipping transfer taxable by all other states bears to the total value of the generation-skipping transfer.    (c)    “Federal generation-skipping transfer tax” means the tax imposed by § 2601 of the Internal Revenue Code.    (d)    “Generation-skipping transfer” means a transfer subject to the federal generation-skipping transfer tax.    (e)    “Original transferor” means an individual who makes a transfer of property that results in the imposition of the federal generation-skipping transfer tax.
MD. Tax - General Code Ann. §  7-402 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 4 - Maryland Generation-Skipping Transfer Tax|Section 7-402 - Imposition of Tax

    (a)    Except as provided in subsection (b) of this section, a tax is imposed on a generation-skipping transfer that occurs at the same time and as a result of the death of an individual, if:        (1)    the original transferor was a resident of this State on the date of the original transfer; or        (2)    (i)    the original transferor was not a resident of this State on the date of the original transfer; and            (ii)    the generation-skipping transfer includes property having a situs in this State.    (b)    The Maryland generation-skipping transfer tax does not apply to a direct skip, as defined under § 2612 of the Internal Revenue Code.
MD. Tax - General Code Ann. §  7-403 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 4 - Maryland Generation-Skipping Transfer Tax|Section 7-403 - Amount of Tax

    The Maryland generation-skipping transfer tax is the amount of the federal credit.
MD. Tax - General Code Ann. §  7-404 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 4 - Maryland Generation-Skipping Transfer Tax|Section 7-404 - Value of Property

    The value of property included in a generation-skipping transfer is the same value as determined under Chapter 13 of the Internal Revenue Code.
MD. Tax - General Code Ann. §  7-405 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 4 - Maryland Generation-Skipping Transfer Tax|Section 7-405 - Tax Return

    (a)    The person required to file a federal generation-skipping transfer tax return on which a federal credit is allowable shall complete and file a Maryland generation-skipping transfer tax return with the Comptroller on or before the last day for filing the federal return.    (b)    If, after a person files a Maryland generation-skipping transfer tax return, the federal generation-skipping transfer tax is increased, the person shall complete and file an amended return with the Comptroller when the additional federal tax is paid.
MD. Tax - General Code Ann. §  7-406 (2021)
2021 Maryland Statutes|Tax - General|Title 7 - Death Taxes|Subtitle 4 - Maryland Generation-Skipping Transfer Tax|Section 7-406 - Tax Payment

    The person required to pay the federal generation-skipping transfer tax shall pay the Maryland generation-skipping transfer tax to the Comptroller on or before the last day for filing a Maryland generation-skipping transfer tax return.
MD. Tax - General Code Ann. §  8-101 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 1 - Definitions; General Provisions|Section 8-101 - Definitions

    (a)    In this title the following words have the meanings indicated.    (b)    “Company” means an association, corporation, or joint-stock company.    (c)    (1)    “Financial institution” means:            (i)    a credit company;            (ii)    except as provided in paragraph (2)(i) of this subsection, a finance company;            (iii)    an international banking facility;            (iv)    a loan company;            (v)    a mortgage company;            (vi)    a safe-deposit company; and            (vii)    a savings and loan association.        (2)    “Financial institution” does not include:            (i)    a finance company that makes loans only to farmers for agricultural purposes;            (ii)    a company licensed under the federal Small Business Investment Act of 1958;            (iii)    a corporation that elects to be taxed as a small business corporation under Subchapter S of the Internal Revenue Code;            (iv)    an entity that is a real estate mortgage investment conduit as defined in the Internal Revenue Code;            (v)    a limited liability company; or            (vi)    a commercial bank, savings bank, trust company, or company that substantially competes with national banks in the State.    (d)    “Savings and loan association” means:        (1)    a savings and loan association that:            (i)    is organized under the laws of this State;            (ii)    is organized under the laws of another state and is admitted to do business in this State; or            (iii)    is organized under the laws of the United States and has an office in this State; or        (2)    a savings bank chartered by the Federal Home Loan Bank Board.    (e)    (1)    “Savings bank” means a company or other institution that is organized to receive deposits of money and pay interest on the deposits.        (2)    “Savings bank” does not include a bank with capital stock.
MD. Tax - General Code Ann. §  8-102 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 1 - Definitions; General Provisions|Section 8-102 - Franchise Taxes

    The franchise taxes under this title are imposed for the privilege of doing business in the State.
MD. Tax - General Code Ann. §  8-201 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 2 - Financial Institution Franchise Tax|Section 8-201 - Definitions

    (a)    In this subtitle the following words have the meanings indicated.    (b)    “Approved foreign trade zone” means an area designated as a foreign trade zone under Title 5, Subtitle 8 of the Economic Development Article.    (c)    “Taxable net earnings” means the net earnings of a financial institution computed under § 8-204 of this subtitle and modified under §§ 8-205 and 8-206 of this subtitle.
MD. Tax - General Code Ann. §  8-202 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 2 - Financial Institution Franchise Tax|Section 8-202 - Imposition of Tax

    (a)    (1)    For all taxable years beginning before January 1, 2001, a franchise tax, measured by taxable net earnings, is imposed annually on each financial institution existing or doing business in the State during any part of the fiscal year of the financial institution.        (2)    For all taxable years beginning after December 31, 2000, the financial institution franchise tax is terminated, and Maryland taxable income of financial institutions shall be subject to taxation under Title 10 of this article.    (b)    A county, municipal corporation, special taxing district, or other political subdivision of the State may not impose on a savings bank or savings and loan association any tax other than its regular tax on property.
MD. Tax - General Code Ann. §  8-203 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 2 - Financial Institution Franchise Tax|Section 8-203 - Tax Rate

    The financial institution franchise tax rate is 7% of taxable net earnings as determined under §§ 8-204 through 8-206 of this subtitle.
MD. Tax - General Code Ann. §  8-204 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 2 - Financial Institution Franchise Tax|Section 8-204 - Taxable Net Earnings -- Computation

    (a)    A financial institution shall compute its net earnings:        (1)    based on the accounting period used as its fiscal year; and        (2)    subject to the modifications required under this section, in the manner that a corporation computes, for purposes of the income tax, the Maryland modified income.    (b)    A financial institution shall add to its net earnings computed under subsection (a) of this section the amounts that, even if otherwise allowed to be subtracted under § 10–307(b) and (g)(1) and (4) of this article, equal:        (1)    profit realized from the sale or exchange of bonds issued by this State or a political subdivision of this State;        (2)    dividends received from foreign corporations and included in federal gross income under § 78 of the Internal Revenue Code;        (3)    interest derived from a United States obligation;        (4)    State tax–exempt interest received from a mutual fund and allowed to be subtracted under § 10–307(g)(4) of this article; and        (5)    interest excluded from federal gross income under § 103 of the Internal Revenue Code and derived from a bond:            (i)    issued by a state or a public corporation, special district, political subdivision of a state or their instrumentalities; or            (ii)    under § 150 of the Internal Revenue Code, treated as a bond issued by a state or a public corporation, special district, or political subdivision of a state or their instrumentalities.    (c)    A financial institution shall subtract from its net earnings computed under subsection (a) of this section interest expense incurred to purchase or carry a bond as defined in subsection (b)(5) of this section.
MD. Tax - General Code Ann. §  8-206 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 2 - Financial Institution Franchise Tax|Section 8-206 - Taxable Net Earnings -- Allocation

    (a)    In computing taxable net earnings, a financial institution with net earnings derived outside the State shall allocate its net earnings, in the manner that the Department requires, based on the gross volume of the transactions of the financial institution inside and outside the State.    (b)    In computing taxable net earnings, a financial institution shall include only that part of interest derived from the trade or business, in this State, of the subsidiaries of the financial institution, if the financial institution is a holding company because its only activities are to:        (1)    maintain and manage intangible investments; and        (2)    collect and distribute income from intangible investments.
MD. Tax - General Code Ann. §  8-207 (2021)
2021 Maryland Statutes|Tax - General|Title 8 - Franchise Taxes|Subtitle 2 - Financial Institution Franchise Tax|Section 8-207 - Tax Credit -- for Estimated Taxes

    A financial institution may claim a credit against the financial institution franchise tax equal to the estimated tax paid under § 8-210(b) of this subtitle.