Taxes in Maryland

Maryland Tax Rates, Collections, and Burdens

How does Maryland’s tax code compare? Maryland has a graduated individual income tax, with rates ranging from 2.00 percent to 5.75 percent. There are also jurisdictions that collect local income taxes. Maryland has a 8.25 percent corporate income tax rate. Maryland has a 6.00 percent state sales tax rate and does not levy any local sales taxes. Maryland’s tax system ranks 46th overall on our 2022 State Business Tax Climate Index.

Each state’s tax code is a multifaceted system with many moving parts, and Maryland is no exception. The first step towards understanding Maryland’s tax code is knowing the basics. How does Maryland collect tax revenue? Click the tabs below to learn more! You can also explore our state tax maps, which are compiled from our annual publication, Facts & Figures: How Does Your State Compare?

Maryland’s Tax Code Shouldn’t Penalize Marriage

March 2, 2018

Lunch Links: Europeans Say 14 States are Tax Havens, Trump Tax Returns, No Tax Powers for Arizona Developers

May 11, 2016

Lunch Links: April 29, 2016

April 29, 2016

Inflation Indexing: A Protection for Maryland Taxpayers

February 3, 2016

Testimony: Maryland’s Tax Climate

September 10, 2015

The Real Challenges with Baltimore Property Taxes

June 2, 2015

A Victory for Taxpayers: SCOTUS Strikes down Maryland Tax Law

May 18, 2015

Maryland’s Rain Tax Mandate Washed Away

April 14, 2015

Maryland Candidates for Governor Debate Taxes

October 20, 2014

Maryland’s Failure to Allow a Full Credit for Taxes Paid to Other States Discriminates Against Interstate Commerce: Maryland v. Wynne

September 26, 2014

Rain Tax Featured in Maryland Gubernatorial Campaign

September 12, 2014

Maryland Argues There’s No Constitutional Bar to Taxing Over 100% of Residents’ Income

July 31, 2014

Supreme Court to Hear Maryland Double Taxation Case

May 27, 2014

Maryland Threatens to Confiscate “House of Cards” Set

March 28, 2014

Maryland to Cut Estate Tax

March 26, 2014

Kevin Spacey at Annapolis Bar Tonight to Lobby Legislators for Subsidies

March 21, 2014

Maryland Film Tax Credits: A House of Cards

February 21, 2014

Inflation Indexing in the Individual Income Tax

February 18, 2014

Maryland Appeals Taxpayer Double Taxation Victory to U.S. Supreme Court

February 6, 2014

Fiscal Times Features Best and Worst States for Taxes

January 29, 2014