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Through a merger between the Baltimore Washington Corridor Chamber and the West Anne Arundel County Chamber in early 2017, the Central Maryland Chamber of Commerce (CMCC) was created. We are dedicated to providing networking, information and growth resources to all sizes and kinds of businesses, agencies, institutions and organizations. Our connections to business, industry, academia, government are unparalleled.

Supreme Court: Md. has double taxed some income

Maryland overtaxed a portion of out-of-state income earned by its residents, and must now refund hundreds of millions of dollars, the Supreme Court ruled Monday in a decision that could have a significant impact on city and county budgets.

In the 5-4 ruling, the court found that the way the state taxes income earned beyond its borders is unconstitutional, because it discourages interstate commerce. The decision upheld a 2013 ruling by the Maryland Court of Appeals.

The decision could lead to refunds for an estimated 55,000 taxpayers in Maryland, and affect similar laws in New York, Pennsylvania, Indiana and Ohio.

Read full article here from The Baltimore Sun

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