§ 7–402
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 7-402 (2026)
Title 7. Death Taxes
Subtitle 4. Maryland Generation-Skipping Transfer Tax
§ 7–402LinkCopy Citation
(a)
Except as provided in subsection (b) of this section, a tax is imposed on a generation-skipping transfer that occurs at the same time and as a result of the death of an individual, if:
(1)
the original transferor was a resident of this State on the date of the original transfer; or
(2)
(i)
the original transferor was not a resident of this State on the date of the original transfer; and
(ii)
the generation-skipping transfer includes property having a situs in this State.
(b)
The Maryland generation-skipping transfer tax does not apply to a direct skip, as defined under § 2612 of the Internal Revenue Code.