Maryland § 10-306
Full text of Maryland Maryland Code § 10-306, with citation guidance and answers to common questions.
§ 10-306.
(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);
(5) § 10–205(i) of this title (Maryland research and development tax credit); and
(6) § 10–205(m) of this title (Credit for share of taxes paid by pass–through entities).
(c) Repealed.
(d) Repealed.
(e) Repealed.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.
Frequently Asked Questions About Maryland § 10-306
What does Maryland Code § 10-306 cover?
Section 10-306 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 10-306?
A common citation format is "Maryland Code § 10-306" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 10-306 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.