- A. A tax credit is allowed for a taxable year beginning after December 31, 2012 but before January 1, 2018.
- B. A taxpayer may claim credits against the State income tax in an amount equal to 25 percent of the qualified capital expenses made in connection with:
Authority: Tax General Article, §§2-103 and 10-735; Economic Development Article, §2-108; Annotated Code of Maryland
Effective date: February 3, 2014 (41:2 Md. R. 92)