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Home » US Law » 2022 Maryland Statutes » Tax - General » Title 10 - Income Tax » Subtitle 7 - Income Tax Credits » Section 10-715 – For Providing Employee Commuter Benefits

    (a)    An individual or corporation may claim a credit against the State income tax for the cost of providing commuter benefits to the business entity’s employees as provided under § 2-901 of the Environment Article.

    (b)    An organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code may apply the credit under this section as a credit for the payment to the Comptroller of taxes that the organization:

        (1)    is required to withhold from the wages of employees under § 10-908 of this title; and

        (2)    is required to pay to the Comptroller under § 10-906(a) of this title.