<?xml version='1.0' encoding='utf-8'?>
<section article="gtg" article_name="Tax - General" number="10-305" title_number="10" title_name="Income Tax" subtitle_number="3" subtitle_name="Maryland Taxable Income Calculations for Corporation">
  <level label="a">
    <text>To the extent excluded from federal taxable income, the amounts under this section are added to the federal taxable income of a corporation to determine Maryland modified income.</text>
  </level>
  <level label="b">
    <text>The addition under subsection (a) of this section includes the net capital loss carryback, as defined in § 1212 of the Internal Revenue Code.</text>
  </level>
  <level label="c">
    <text>The addition under subsection (a) of this section includes any taxes based on net income that are imposed by any state or by a political subdivision of any state.</text>
  </level>
  <level label="d">
    <text>The addition under subsection (a) of this section includes the additions required for an individual under:</text>
    <level label="1">
      <text>§ 10–204(b) of this title (Dividends and interest from another state or local obligation);</text>
    </level>
    <level label="2">
      <text>§ 10–204(c)(2) of this title (Federal tax–exempt income);</text>
    </level>
    <level label="3">
      <text>§ 10–204(e) of this title (Oil percentage depletion allowance);</text>
    </level>
    <level label="4">
      <text>§ 10–204(i) of this title (Deduction for qualified production activities income);</text>
    </level>
    <level label="5">
      <text>§ 10–204(j) of this title (Deduction for costs for security clearance administrative expenses and construction and equipment costs incurred to construct or renovate a sensitive compartmented information facility); and</text>
    </level>
    <level label="6">
      <text>§ 10–204(l) of this title (Deduction for donations to qualified permanent endowment funds).</text>
    </level>
  </level>
</section>
