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Wyomingcorporate tax inMaryland
High — top rate 8% or higher

Maryland

Top Rate
8.25%
Rate Structure
Flat
Franchise Tax
No
Gross Receipts Tax
No
S-Corp Recognized
Yes

Corporate Income Tax Rate at a Glance

Maryland's top corporate income tax rate is 8.25%, applied as a flat rate. This places Maryland in the "High (8% or higher)" tier among U.S. states.

Rate Structure (Flat vs. Graduated)

8.25% flat corporate income tax rate.

S-Corp & Pass-Through Treatment

Maryland recognizes federal S-corp election. Pass-through entities may elect entity-level taxation under Maryland's PTE election; the rate is 8% of net income for corporations or the highest individual rate for individual owners.

Official State Revenue Department

For current corporate tax rules in Maryland, consult the state's official source at https://www.marylandtaxes.gov/business/income/index.php. Rates and rules change annually — verify with a qualified tax professional before taking any action.

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Law last updated: 2025Row last reviewed: Apr 26, 2026

Corporate income tax rates change frequently as states enact reform packages and phase-down schedules. Always verify current rates with the state's department of revenue and your tax advisor before making business decisions. This information is for educational purposes only and is not tax or legal advice.