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§ 10-306. Additions to federal taxable income -- State adjustments

MD Tax-Gen Code § 10-306 (2019) (N/A)
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(a)    In addition to the modification under § 10–305 of this subtitle, the amounts under this section are added to the federal taxable income of a corporation to determine Maryland modified income.

(b)    The addition under subsection (a) of this section includes the additions required for an individual under:

(1)    § 10–205(b) of this title (Enterprise zone wage credit, employment opportunity credit, disability credit, and qualified ex–felon employee credit);

(2)    § 10–205(c) of this title (Reforestation and timber stand modification);

(3)    § 10–205(e) of this title (Net operating loss modification);

(4)    § 10–205(g) of this title (Unlicensed child care facility operating expenses); and

(5)    § 10–205(i) of this title (Maryland research and development tax credit).

(c)    Repealed.

(d)    Repealed.

(e)    Repealed.

(f)    The addition under subsection (a) of this section includes the amount of a credit claimed under § 10–726 of this title for research and development expenses for cellulosic ethanol technology.

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§ 10-306.1. Determination of income for corporations