Friday, March 3, 2017

House Bill 691 another Maryland Money Grab

A bill is being submitted regarding the annual filing fees for corporations in Maryland.  Currently at $300 or less.  The bill is proposing a sliding scale fee based on tangible personal property owned by the business capping at $4,000.  Here is a link to House Bill 691.   House Bill 691   For some companies the actual fee would be going down but for a great majority, those fees will be going up.