§ 10–715
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 10-715 (2026)
Title 10. Income Tax
Subtitle 7. Income Tax Credits
§ 10–715LinkCopy Citation
(a)
An individual or corporation may claim a credit against the State income tax for the cost of providing commuter benefits to the business entity’s employees as provided under § 2-901 of the Environment Article.
(b)
An organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code may apply the credit under this section as a credit for the payment to the Comptroller of taxes that the organization:
(1)
is required to withhold from the wages of employees under § 10-908 of this title; and
(2)
is required to pay to the Comptroller under § 10-906(a) of this title.