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MD
Maryland Research and Development Tax Credit - Rockville
State tax credit for qualified research and development expenses by Maryland businesses.
About this program
Maryland Research and Development Tax Credit supports businesses with qualified research expenses in Maryland. Rockville technology, biotech, cyber, and life science companies performing eligible research and development may use the credit to offset state tax liability.
Eligibility
Maryland businesses with qualified research and development expenses meeting state tax credit rules.
Requirements
- Apply through Maryland Commerce during the program application period
- Document qualified research expenses and Maryland activity
- Maintain tax and project records supporting the credit claim