Anirban Basu

Combined reporting would further degrade Maryland’s business climate

Combined reporting would further degrade Maryland’s business climate

Maryland’s economic recovery has fallen behind that of many other states and matters could deteriorate further. Maryland’s legislature is once again poised to hold hearings Wednesday on bills, SB360 and HB457, that would implement combined reporting as part of Maryland’s corporate income tax regime. This significant change could further inhibit Maryland’s competitiveness.

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