Altering the calculation of a specified credit against the State income tax for Maryland qualified research and development expenses incurred by an individual or a corporation so as to allow the individual or corporation, subject to specified limitations, a credit in an amount equal to 5% of the Maryland qualified research and development expenses paid to a specified start-up business or paid or incurred by the individual or corporation during the taxable year, if the individual or corporation is a specified start-up business; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2017
( 10-721 )
Last Updated: 2/3/2020 2:32 PM