Taxation of societies

  1. Law
  2. Maryland Code
  3. Insurance
  4. Entities That Act as Insurers
  5. Fraternal Benefit Societies
  6. Definitions; General Provisions
  7. Taxation of societies

Checkout our iOS App for a better way to browser and research.

    (a)    A society organized or authorized to transact business under this subtitle is deemed to be a charitable and benevolent institution.

    (b)    The funds of a society organized or authorized to transact business under this subtitle are exempt from all taxes, except taxes on real estate and office equipment.


Download our app to see the most-to-date content.