§ 8-208. Tax credit -- For tax paid to other state

MD Tax-Gen Code § 8-208 (2019) (N/A)
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A savings bank or savings and loan association doing business outside this State may claim a credit against the financial institution franchise tax equal to the amount paid to another jurisdiction as:

(1)    a tax based on savings accounts or saving share accounts bought in this State;

(2)    a tax on gross receipts from business done in this State; or

(3)    a tax on income derived from business done in this State.