Code of Maryland Regulations Title 03 — Comptroller
COMAR 03.04.09.03 — § 3 Limitations.
.03 Limitations.
A.
The credit in
Regulation .02 of this chapter
may not exceed the lesser of:
(1)
$5,000; or
(2)
$100 multiplied by the number of employees covered by long-term-care insurance provided under the employee benefit package.
B.
The credit in
§A of this regulation
and in
Regulation .02 of this chapter
is not allowed to any employer who claims a credit for the same expenses against the public service company franchise tax.
Cross References
03.04.09.02
Cross References
03.04.09.02
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