# § 17.1-2 Transactions assessed; Tax rate.

Current through 2026-07-17. Source: City of Balt., Md., Ord. 26-129. Published by the Baltimore City Department of Legislative Reference.

## § 17.1-2 Transactions assessed; Tax rate.

Balt., Md., Code art. 28, § 17.1-2 (2026)

(a) The Yield Tax shall be assessed on those transactions whose value exceeds $1 million, as determined by Subtitles 16 and 17 of <cite data-path="|28">this article</cite> for the purposes of calculating the recordation and transfer taxes respectively.

(b) The rate of tax shall be as follows:

  (1) 15% on the amount collected under Subtitle 16 of <cite data-path="|28">this article</cite>; and

  (2) 40% on the amount collected under Subtitle 17 of <cite data-path="|28">this article</cite>.

*History: Ord. 18-215*

*History: Ord. 19-233*