§ 7-204
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/md/tax-general/7-204A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–204.
(a)In this section, “clear value” means fair market value minus expenses.
(b)The inheritance tax rate is 10% of the clear value of the property that passes from a decedent.
(c)If a decedent died on or before May 31, 1975, the rate of the inheritance tax is the rate in effect on the date of the decedent’s death.