Maryland Audit, Tax and Consulting

Maryland Insights

Maryland enacts data center sales tax exemption

Effective July 1, Maryland has exempted from sales and use tax the sale of certain personal property to qualified data centers.

Maryland pass-through entity SALT deduction workaround becomes law

The elective tax is intended as a state and local tax deduction limitation workaround, joining six other states with similar provisions.

Maryland enacts single-sales factor apportionment

Maryland continues single-sales factor apportionment adoption trend; includes five-year phase-in beginning with the 2018 tax year.

Maryland enacts favorable tax incentives for manufacturers

Incentives package focuses on various income, property, and sales and use tax incentives for manufacturers adding jobs in the state.

Maryland Tax Court applies enterprise dependence nexus test

Maryland Tax Court finds corporation had nexus in the state because “enterprise dependence” existed with in-state subsidiaries.

Keep an eye on state tax amnesties in Maryland, Missouri and Indiana

Maryland, Missouri and Indiana enact a new round of broadly applicable state tax amnesty programs.

US Supreme Court issues Wynne ruling

The U.S. Supreme Court has ruled that the Commerce Clause requires a state to provide residents a credit for taxes paid to other states.

Maryland enacts tax amnesty program

Maryland enacts tax amnesty program that applies to nonfilers and taxpayers that underreported or underpaid a wide variety of state and local taxes.

Maryland economic substance requirement for out of state affiliates

Maryland businesses with out-of-state subsidiaries should take note that these subsidiaries may not be shielded from Maryland corporate income tax.

NOL quirks are one thing but Maryland takes the cake

Maryland’s complex rules for net operating losses subject taxpayers to a high risk of error. Is an overhaul of the system in order?