Md. Code, Tax-Prop. § 7-507

Current with changes from the 2024 Legislative Session

Section 7-507 - Foreign import property

If the Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation authorizes, by law, the stock in business consisting of foreign imports of a business engaged in importing is not subject to county or municipal corporation property tax if the foreign import is:

(1) in the possession of the business engaged in importing; and

(2) in its original package.

Md. Code, TP § 7-507