§ 8-302

Md. Code Ann., Tax-Gen. § 8-302

Rate of savings and loan franchise tax

Effective Jan 1, 1989Added by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989. Amended by Acts 1988, c. 565.State of Maryland

The savings and loan association franchise tax rate is 0.013% of the total withdrawal value of the deposits that a savings and loan association holds in the State on December 31st.

Added by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989. Amended by Acts 1988, c. 565.

Formerly Art. 81, § 128B.