§ 6-112. Local tax prohibited

MD Ins Code § 6-112 (2019) (N/A)
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(a)    Except for a property tax, a county or municipal corporation of the State may not impose a tax on a person subject to taxation under this subtitle.

(b)    This section does not exempt shares of stock of a domestic corporation from the property tax and assessment merely because the shares are owned by a person subject to taxation under this subtitle.