Maryland's basic tax philosophy is one of fairness and consistency. In addition to the tax exemptions and credits outlined in this section, the state has:
No gross receipts tax on manufacturers
No corporate franchise tax
No unitary tax on profits (The Maryland General Assembly is currently considering legislation that would require unitary combined reporting in Maryland.)
No income tax on foreign dividends (if the corporation owns 50 percent or more of the subsidiary)
No separate school taxes
Tax rates for many common business taxes are summarized in this section and are organized by subject in the links at the bottom of this page. The Maryland Comptroller's Office and the State Department of Assessments and Taxation have more detailed information on business taxes.
The Comptroller of Maryland is the state's primary tax collector; its website has information about tax regulations, withholding, tax forms, unclaimed property, and numerous fiscal reports. New businesses can register through the Maryland State Combined Registration On-line Application.
The Maryland State Department of Assessments and Taxation (DAT) administers and enforces the property assessment and property tax laws of Maryland, allowing for uniformity of property assessment throughout the state. The DAT website includes information on property tax rates, exemptions, credits, and forms.
