§ 13–909
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 13-909 (2026)
Title 13. Procedure
Subtitle 9. Refunds and Offsets
§ 13–909LinkCopy Citation
(a)
Without regard to the provisions of § 13-1104 of this title, if the tax collector determines a person’s financial institution franchise tax or income tax for multiple taxable years and simultaneously finds both overpayments and deficiencies in those taxable years, the tax collector:
(1)
may offset the deficiencies to the extent of the overpayments; but
(2)
may not allow a refund that is barred under Subtitle 11 of this title.
(b)
An overpayment determined under subsection (a) of this section may not be applied as an offset to a deficiency in any taxable year other than the years included in the Comptroller’s determination under subsection (a) of this section.