Section 6-112 - Local tax prohibited. - Maryland Statutes

§ 6-112. Local tax prohibited.
 

(a)  In general.- Except for a property tax, a county or municipal corporation of the State may not impose a tax on a person subject to taxation under this subtitle. 

(b)  Effect of section.- This section does not exempt shares of stock of a domestic corporation from the property tax and assessment merely because the shares are owned by a person subject to taxation under this subtitle. 
 

[An. Code 1957, art. 48A, § 640; 1995, ch. 36; ch. 352, § 10.]