Tax Incentives

Tax incentives can lower a business’s Maryland tax liability for activities like creating jobs, investing, conducting research or locating in a targeted area. Some credits are refundable, so a business may receive the remaining value if the credit is more than the tax it owes.

• Biotechnology Investment Incentive Tax Credit (BIITC)
• Brownfields Tax Credit
• Buy Maryland Cybersecurity Tax Credit (BMC)
• Data Center Maryland Sales and Use Tax Exemption
• Employer Security Clearances Costs Tax Credit (ESCC)
• Enterprise Zone Tax Credit (EZ)
• Film Production Tax Credit
• Film Production Sales and Use Tax Exemption
• Hire Our Veterans Tax Credit
• Job Creation Tax Credit (JCTC)
• Maryland Innovation Investment Tax Credit (IITC)
• More Jobs for Marylanders Incentive Program (MJM)
• One Maryland Tax Credit (OMTC)
• Opportunity Zone Enhancement Credits (State)
• Regional Institution Strategic Enterprise Zone Program (RISE)
• Research and Development Tax Credit (R&D)
• Theatrical Production Tax Credit