§ 7-204. Tax rate

MD Tax-Gen Code § 7-204 (2019) (N/A)
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(a)    In this section, “clear value” means fair market value minus expenses.

(b)    The inheritance tax rate is 10% of the clear value of the property that passes from a decedent.

(c)    If a decedent died on or before May 31, 1975, the rate of the inheritance tax is the rate in effect on the date of the decedent’s death.