Section 8-405 – Tax Payment
(a) Except as provided in subsection (b) of this section, each public service company shall pay the public service company franchise tax with the return that covers the period for which the tax is due. (b) A public service company required to file estimated public service company franchise tax returns under § 8-404(b) of this subtitle shall […]
Section 8-406 – Credits Generally
(a) A public service company may claim a credit against the public service company franchise tax equal to the estimated tax paid under § 8-405(b) of this subtitle. (b) (1) (i) Subject to the limitations of this subsection, a public service company, including any multijurisdictional public service company, may claim a credit against the public service company franchise tax […]
Section 8-407 – Telephone Lifeline Service Charges
A telephone company may claim a credit against the public service company franchise tax equal to all approved and applicable federal and State tariff charges for telephone lifeline service not billed to eligible subscribers as provided in § 8–201 of the Public Utilities Article.
Section 8-408 – Administration by Department
The Department shall: (1) administer the laws that relate to the public service company franchise tax; (2) adopt reasonable regulations to administer the provisions of laws that relate to the public service company franchise tax; (3) design the returns and forms that, on completion, provide the information required for the administration of the public service company franchise tax […]