Md. Code Regs. 05.14.02.11

Current through Register Vol. 51, No. 26, December 27, 2024

Section 05.14.02.11 - False Statements

A. A person may not knowingly make or cause to be made a false statement or report in any document required to be furnished to the Department or in any agreement relating to the tax credits.

B. A community foundation, taxpayer, or any other party that knowingly makes or causes to be made a false statement or report is subject to cancellation and withdrawal of an allocation of credits, or cancellation and withdrawal of a certification of a donation, in addition to any other penalties authorized by law.

Regulation .11 adopted effective 42:25 Md. R. 1542, eff.12/21/2015