- Income Tax - Carried Interest - Additional Tax
- Sponsored by
- Delegate Palakovich Carr
- In the House - Hearing 1/21 at 1:30 p.m.
Imposing a tax of 17% on the Maryland taxable income attributable to certain investment management services of an individual or a corporation or the distributive share of a pass-through entity; providing for the calculation of the tax; providing that the tax does not apply to investment management services if at least 80% of the specified assets consists of real estate; terminating the Act if certain federal legislation is enacted into law; applying the Act to taxable years beginning after December 31, 2020; etc.
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2021
Contingency - on a contingency described in Sec. 2 of the bill
Last Updated: 1/11/2021 4:53 PM