Subject to the limitations in Regulation .03 of this chapter, an employer may claim a credit equal to 5 percent of the costs incurred by the employer during the taxable year to provide long-term-care insurance as part of an employee benefit package.

Authority: Tax-General Article, §2-103, Annotated Code of Maryland

Effective date: January 24, 2000 (27:1 Md. R. 74)

Regulation .01B amended effective April 19, 2010 (37:8 Md. R. 614)

Regulation .03B amended effective October 9, 2006 (33:20 Md. R. 1613)