Md. Code Regs. 18.07.04.02

Current through Register Vol. 51, No. 24, December 2, 2024

Section 18.07.04.02 - Duration of Credit for Personal Property

Qualified personal property entitled to an eligible assessment may receive a tax credit for 10 consecutive taxable years regardless of whether the underlying focus area expires.

Md. Code Regs. 18.07.04.02

Regulations .02 adopted as an emergency provision effective December 15, 2000 (28:2 Md. R. 97); emergency status expired May 14, 2001; adopted permanently effective May 28, 2001 (28:10 Md. R. 950)