A financial institution may claim a credit against the financial institution franchise tax for neighborhood and community assistance contributions as provided under ยง 6-404 of the Housing and Community Development Article.
Structure Maryland Statutes
Subtitle 2 - Financial Institution Franchise Tax
Section 8-202 - Imposition of Tax
Section 8-204 - Taxable Net Earnings -- Computation
Section 8-205 - Taxable Net Earnings -- International Banking Facilities
Section 8-206 - Taxable Net Earnings -- Allocation
Section 8-207 - Tax Credit -- for Estimated Taxes
Section 8-208 - Tax Credit -- for Tax Paid to Other State
Section 8-209 - Returns and Declarations
Section 8-211 - Administration by Department
Section 8-212 - Certifications for Payment of Refunds
Section 8-215 - Credit for Neighborhood and Community Assistance
Section 8-216 - Credit for Wages, Child Care, and Transportation for Employees With Disabilities
Section 8-217 - Credit for Businesses That Create Jobs
Section 8-218 - Credit for Employer-Provided Long-Term Care Insurance
Section 8-220 - One Maryland Economic Development Tax Credits