Md. Code Regs. 03.04.09.04
Current through Register Vol. 51, No. 12, June 14, 2024
If an employer is an organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code, then the credit under this chapter may be taken against the State income tax due on unrelated business taxable income as provided under Tax-General Article, §§10-304 and 10-812, Annotated Code of Maryland.
Md. Code Regs. 03.04.09.04