Md. Code, Tax-Gen. § 8-210

Maryland · Maryland Code, Tax - General · Status: effective

Cite this

Citation: Md. Code, Tax-Gen. § 8-210, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1789962
Permanent ID: ys:prov:1789962@1
SHA-256: ce0e9473976c55c46572bbd13da9ea6f634802983fc599f177f62f53dad7f242

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) Except as provided in subsection (b) of this section, a financial institution shall pay the financial institution franchise tax with the return that covers the period for which the tax is due. (b) Each financial institution required to file quarterly estimated financial institution franchise tax returns shall pay: (1) at least 25% of the estimated financial institution franchise tax shown on the declaration or amended declaration for a taxable year: (i) with the declaration or amended declaration that covers the year; and (ii) with each quarterly return for that year; and (2) any unpaid financial institution franchise tax for the year shown on the financial institution franchise tax return that covers that year, with the return.