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Maryland Auditors Find Companies Get Tax Credits Without Documentation
Erratum: This post has been amended from its original version, which incorrectly stated that the incentives program in question was related to film tax credits. The audit was actually for the "One Maryland Tax Credit," a general incentive program for job creation. The Tax Foundation regrets this error, and the post below reflects these changes. On February 7, Maryland's Office of Legislative Audits released a report on the state's "One Maryland Tax Credit" program, finding several instances of faulty documentation by firms applying for incentives aimed at job creation. The...
Published By: Tax Policy - Tuesday, 21 February