Maryland § 6-108
Full text of Maryland Maryland Code § 6-108, with citation guidance and answers to common questions.
§ 6-108.
(a) A tax not paid when a report or declaration is due to be filed is subject to a penalty of 5% and interest at the rate determined under § 13-604(b) of the Tax - General Article from the date that the report or declaration was due.
(b) If an additional amount is found to be due after a report or declaration has been filed, the additional amount is subject to interest at 6% per year from the due date of the report or declaration until payment is made to the Commissioner.
(c) (1) Subject to paragraph (2) of this subsection, if an insurer that is required under § 2-113 of this article to pay a premium tax on or before the due date in immediately available funds fails to do so, the Commissioner shall assess a penalty and interest as provided in subsection (a) of this section on the unpaid tax from the date the tax is due to the date on which the funds from the tax payment become available to the State.
(2) The Commissioner may waive the penalty and interest on late payments under this subsection if the insurer proves that it:
(i) made a good faith effort to comply with the requirements of § 2-113 of this article; and
(ii) exercised due diligence to initiate payment correctly and on a timely basis.
(3) This subsection does not affect any other requirement of law for the payment of premium taxes or licensing fees by an insurer.
Frequently Asked Questions About Maryland § 6-108
What does Maryland Code § 6-108 cover?
Section 6-108 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 § 6-108?
A common citation format is "Maryland Code § 6-108" (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 § 6-108 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.