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Tax Rate Information for Business

View Baltimore County and Maryland 2016 tax rates sorted by tax type. 

Tax Type

Baltimore County

Maryland

Corporate Income Tax (2016)

  • Base—Federal taxable income

None

8.25 percent

Personal Income Tax (2016)

  • Base—Federal adjusted gross income

2.83 percent

2 percent to 5.5 percent

Graduated rate peaking at 5.5 percent on taxable income over $500,000.

Sales and Use Tax (2016)

  • Exempt: Sales for resale, manufacturer’s purchase of raw materials, manufacturing machinery and equipment, purchases of materials and equipment used in research and development and testing of finished products, and purchases of computer programs for reproduction or incorporation into another computer program for resale.

None

6 percent

Real Property Tax (FY17)

  • Effective rate per $100 of assessed value
  • No municipal taxes

$1.10

$0.112

Business Personal Property Tax (FY17)

  • Rate per $100 of depreciated value
  • Exempt: Manufacturing and research and development machinery, equipment, materials and supplies; manufacturing, research and development and warehousing inventory.
  • No municipal taxes

$2.75

None

Source: Maryland State Department of Assessments and Taxation; Comptroller of the Treasury

More Information

Baltimore County offers a variety of tax credits for businesses. To learn more about additional tax rates, email us at businesshelp@baltimorecountymd.gov.

 
Revised December 21, 2016         

 

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