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Business Tax Credits

Businesses in Maryland may be able to take advantage of several tax credits.  At the bottom of the page are links to the details of each tax credit. 

Note: We are in the process of updating our tax credit information below. Some of the links below reflect 2013 information. While we are updating this information, you may refer to Form 500CR Instructions for the most current information.

Each of the tax credits are also available annually in the Comptroller's Guide to Business Tax Credits. Links to the current and prior tax years are available below in printable .PDF format. 

The guide offers a brief description of each credit and the appropriate contacts for obtaining more detailed information. Some of these tax credits may have additional requirements, carryover provisions or recapture provisions that are not included in the information provided in the guide. You should contact the appropriate agency to make sure that you meet all requirements. The information provided in the guide is general in nature and is not intended to replace the advice of your tax professional.

NEW: For tax years beginning after December 31, 2012, you must file your tax return electronically in order to claim a business tax credit.The paper version of Form 500CR has been discontinued.

You must have Adobe Reader 6.0 or higher to view the guide. Adobe Reader is available for free online. If you are having problems viewing Adobe PDF files, please see our special instructions.

Comptroller's Guide to Business Tax Credits for Current and Prior Versions (PDF)
2014 Comptroller's Guide to Business Tax Credits (PDF)
2013 Comptroller's Guide to Business Tax Credits (PDF)
2012 Comptroller's Guide to Business Tax Credits (PDF)
2011 Comptroller's Guide to Business Tax Credits (PDF)
2010 Comptroller's Guide to Business Tax Credits (PDF)
2009 Comptroller's Guide to Business Tax Credits (PDF)
2008 Comptroller's Guide to Business Tax Credits (PDF)
2007 Comptroller's Guide to Business Tax Credits (PDF)
2006 Comptroller's Guide to Business Tax Credits (PDF)
2005 Comptroller's Guide to Business Tax Credits (PDF)


Links for Business Tax Credits
General Information
Business Tax Credits
  Bio-Heating Oil Tax Credit
  Biotechnology Investment Incentive Tax Credit
  Businesses That Create New Jobs Tax Credit
  Cellulosic Ethanol Technology Research and Development Tax Credit
  Clean Energy Incentive Tax Credit
  Community Investment Tax Credit
  Commuter Tax Credit
  Cybersecurity Investment Incentive Tax Credit
  Electric Vehicle Recharging Equipment Tax Credit
  Employer-Provided Long-Term Care Insurance Tax Credit
  Employer Security Clearance Costs Tax Credits
  Employment Opportunity Tax Credit
  Enterprise Zone Tax Credit
  Film Production Activity Tax Credit
  Green Building Tax Credit
  Health Enterprise Zone Hiring Tax Credit
  Job Creation Tax Credit
  Long-Term Employment of Ex-Felons Tax Credit
  Maryland Disability Employment Tax Credit
  Maryland-Mined Coal Tax Credit
  One Maryland Economic Development Tax Credit
  Oyster Shell Recycling Tax Credit
  Qualified Vehicle Tax Credit
  Research and Development Tax Credits
  Sustainable Communities Tax Credit
  Work-Based Learning Program Tax Credit
  Wineries and Vineyards Tax Credit
  Endow Maryland Tax Credit
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