(a) A franchise tax, measured by gross receipts, is imposed, for each calendar year, on each public service company: (1) engaged in a telephone business in the State; or (2) engaged in the transmission, distribution, or delivery of electricity or natural gas in the State. (b) The tax imposed under subsection (a) of this section does not apply to […]
(a) (1) In addition to any tax imposed under § 8-402 of this subtitle, a franchise tax is imposed for each calendar year on each public service company engaged in the transmission, distribution, or delivery of electricity or natural gas in the State. (2) The tax imposed under this section is measured by kilowatt hours of electricity or […]
(a) The rate of the franchise tax imposed under § 8-402 of this subtitle is 2% of gross receipts derived from business in the State. (b) The rate of the tax imposed under § 8-402.1 of this subtitle is: (1) 0.062 cents for each kilowatt hour of electricity delivered by the public service company for final consumption in […]
(a) Each public service company that, in a calendar year, has gross receipts derived from business in the State or delivers electricity or natural gas for final consumption in the State shall complete, under oath, and file with the Department a public service company franchise tax return, on or before April 15th of the next year. […]
(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 […]
(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 […]
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.
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 […]
(a) The public service company franchise tax with respect to gross receipts from telecommunications service shall be added to and disclosed as an element of the public service company’s charge to the customer for the service. (b) A public service company may surcharge its customers for the public service company franchise tax imposed under § 8-402.1 of […]
A public service company may claim a credit against the public service company franchise tax for wages paid to qualified employees as provided under Title 6, Subtitle 3 of the Economic Development Article.
A public service company may claim a credit against the public service company franchise tax for neighborhood and community assistance as provided under § 6-404 of the Housing and Community Development Article.
A public service company may claim a credit against the public service company franchise tax for: (1) wages paid to a qualified employee with a disability; and (2) (i) child care provided or paid for by a business entity for the children of a qualified employee with a disability as provided under § 21–309 of the Education Article; […]
A public service company may claim a credit against the public service company franchise tax for employer-provided long-term care insurance as provided under § 10-710 of this article.
(a) A public service company may claim a credit against the public service company franchise tax in an amount equal to: (1) .002 cents for each kilowatt hour of electricity in excess of 500 million up to 1,500 million kilowatt hours during a calendar year delivered for final consumption to a single industrial customer for use in […]
