Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Maryland |
Effected Jurisdiction: | Maryland |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2018 |
Program name: | Film Production Tax Credit |
Program purpose: | Film, TV, and/or media |
Statutory authority: | Annotated Code of Maryland: Tax General Title 10, Subtitle 7, Section 10-730 |
Abating jurisdiction(s): | State of Maryland |
Applicable taxes: | State Business Income Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | (no provisions for recapture) |
Gross revenue loss: | $7,000,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $7,000,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.marylandtaxes.gov/reports/acfr.php |