Focus Area Tax Credits (Maryland)
Last modified on July 9, 2013.
Focus Area Tax Credits for businesses in Baltimore City or Prince George’s County enterprise zones include: (1) Ten-year, 80% credit against local real property taxes on a portion of real property improvements. (2) Ten-year, 80% credit against local personal property taxes on new investment in personal property. (3) A one-time $1,500 income tax credit per new employee. For economically disadvantaged employees, the credit is $9,000 per employee over three years.
|Department||Maryland Department of Business and Economic Development|
|Address||401 E. Pratt Street|
|Phone 2|| 410-767-6300
Authorities (Please contact the if there are any file problems.)
|Authority 1:|| COMAR 24.05.01