- Income Tax - Carried Interest - Additional Tax
- Sponsored by
- Delegates Mosby, Acevero, Barron, Bridges, Charkoudian, Ebersole, Ivey, Korman, Lehman, Moon, Palakovich Carr, Pena-Melnyk, Shetty, Stewart, Turner, Wells, Wilkins, K. Young, and P. Young
- In the House - Hearing 2/12 at 1:00 p.m.
- Fiscal and Policy Note
Imposing a tax of 17% on the Maryland taxable income attributable to certain investment management services of an individual or a corporation or the distributive share of a pass-through entity; providing that the tax does not apply to investment management services if at least 80% of the specified assets consists of real estate; terminating the Act if certain federal legislation is enacted into law; applying the Act to taxable years beginning after December 31, 2019; etc.
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( 10-102.1, 10-102.2 )
Last Updated: 9/22/2020 1:50 PM