Section 7-301 - Definitions. - Maryland Statutes

§ 7-301. Definitions.
 

(a)  In general.- In this subtitle the following words have the meanings indicated. 

(b)  Estate.- "Estate" means the federal gross estate of a decedent, as determined by Subtitle B of the Internal Revenue Code, as increased by any property not otherwise included in the federal gross estate that is deemed to be included pursuant to § 7-309(b)(6) of this subtitle. 

(c)  Federal estate tax.- "Federal estate tax" means the tax imposed by Chapter 11 of the Internal Revenue Code. 

(d)  Maryland estate.- "Maryland estate" means the part of an estate that this State has the power to subject to the Maryland estate tax. 
 

[An. Code 1957, art. 62A, § 1; 1988, ch. 2, § 1; 2006, ch. 225.]