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Legislation


1998 Regular Session

HOUSE BILL 682

File Code: Income
Sponsored By:
Delegate C. Davis
Entitled:
Income Tax - Out-of-State Holding Companies Doing Business in Maryland

Synopsis:

Clarifying that a corporation is doing business in this State if the corporation is a member of an affiliated group of corporations and receives specified income from intangible sources from an affiliated corporation that is doing business in the State; requiring specified corporations to file an income tax return using an apportionment factor determined in a specified manner; etc.

History by Legislative Date

House Action
2/11
First Reading Ways and Means
2/25
Hearing 3/11 at 1:00 p.m.
3/16
Withdrawn
Senate Action
No Action
Bill indexed under the following Subjects:
CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS
INCOME TAX
NONRESIDENTS -see also- ALIENS
Bill affects the following Statute:
Tax - General
( 10-810 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
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