Statutes, codes, and regulations
Maryland Administrative code
Title 18 - DEPARTMENT OF ASSESSMENTS AND TAXATIONSubtitle 03 - PERSONAL PROPERTY ASSESSMENTS
Chapter 18.03.04 - Banks or Trust Companies
Section 18.03.04.04 - Mixed Use

Md. Code Regs. 18.03.04.04

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Current through Register Vol. 51, No. 22, November 1, 2024
Section 18.03.04.04 - Mixed Use

If a computer program or computer hardware owned by a bank or trust company is used in both taxable and exempt activities, its taxable status is determined by the primary use of the property.

Md. Code Regs. 18.03.04.04

Regulations .04 adopted as an emergency provision effective March 16, 1996 (23:7 Md. R. 549); emergency status expired October 1, 1996; adopted permanently effective January 13, 1997 (24:1 Md. R. 30)