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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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BUSINESS REGULATION |
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TITLE 17. MISCELLANEOUS STATE BUSINESS LICENSES |
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SUBTITLE 18. TRADERS AND CHAIN STORES |
§ 17-1808. License fees for trader's license
Latest version.
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(a) In general. --
(1) Except as otherwise provided in this section, an applicant for a trader's license shall pay to the clerk a license fee based on the value of the applicant's stock-in-trade.
(2) In a county other than Baltimore City or Baltimore County, the license fee is:
(i) $ 15, if the value of the applicant's stock-in-trade is not more than $ 1,000;
(ii) $ 18, if the value is more than $ 1,000 but not more than $ 1,500;
(iii) $ 20, if the value is more than $ 1,500 but not more than $ 2,500;
(iv) $ 25, if the value is more than $ 2,500 but not more than $ 4,000;
(v) $ 30, if the value is more than $ 4,000 but not more than $ 6,000;
(vi) $ 40, if the value is more than $ 6,000 but not more than $ 8,000;
(vii) $ 50, if the value is more than $ 8,000 but not more than $ 10,000;
(viii) $ 65, if the value is more than $ 10,000 but not more than $ 15,000;
(ix) $ 80, if the value is more than $ 15,000 but not more than $ 20,000;
(x) $ 100, if the value is more than $ 20,000 but not more than $ 30,000;
(xi) $ 125, if the value is more than $ 30,000 but not more than $ 40,000;
(xii) $ 150, if the value is more than $ 40,000 but not more than $ 50,000;
(xiii) $ 200, if the value is more than $ 50,000 but not more than $ 75,000;
(xiv) $ 250, if the value is more than $ 75,000 but not more than $ 100,000;
(xv) $ 300, if the value is more than $ 100,000 but not more than $ 150,000;
(xvi) $ 350, if the value is more than $ 150,000 but not more than $ 200,000;
(xvii) $ 400, if the value is more than $ 200,000 but not more than $ 300,000;
(xviii) $ 500, if the value is more than $ 300,000 but not more than $ 400,000;
(xix) $ 600, if the value is more than $ 400,000 but not more than $ 500,000;
(xx) $ 750, if the value is more than $ 500,000 but not more than $ 750,000; or
(xxi) $ 800, if the value is more than $ 750,000.
(3) In Baltimore City, the license fee is:
(i) $ 20, if the value of the applicant's stock-in-trade is not more than $ 1,000;
(ii) $ 40, if the value is more than $ 1,000 but not more than $ 5,000;
(iii) $ 80, if the value is more than $ 5,000 but not more than $ 10,000;
(iv) $ 160, if the value is more than $ 10,000 but not more than $ 50,000;
(v) $ 375, if the value is more than $ 50,000 but not more than $ 100,000;
(vi) $ 1,000, if the value is more than $ 100,000 but not more than $ 300,000;
(vii) $ 1,500, if the value is more than $ 300,000 but not more than $ 750,000; or
(viii) $ 2,125, if the value is more than $ 750,000.
(4) In Baltimore County, the license fee is:
(i) $ 20, if the value of the applicant's stock-in-trade is not more than $ 1,000;
(ii) $ 40, if the value is more than $ 1,000 but not more than $ 5,000;
(iii) $ 80, if the value is more than $ 5,000 but not more than $ 10,000;
(iv) $ 160, if the value is more than $ 10,000 but not more than $ 50,000;
(v) $ 375, if the value is more than $ 50,000 but not more than $ 100,000;
(vi) $ 450, if the value is more than $ 100,000 but not more than $ 200,000;
(vii) $ 500, if the value is more than $ 200,000 but not more than $ 300,000;
(viii) $ 775, if the value is more than $ 300,000 but not more than $ 400,000;
(ix) $ 1,000, if the value is more than $ 400,000 but not more than $ 500,000;
(x) $ 1,250, if the value is more than $ 500,000 but not more than $ 750,000; and
(xi) $ 1,600, if the value is more than $ 750,000.
(b) Determination of value of stock-in-trade. --
(1) This subsection does not apply to a domestic corporation that has shares subject to taxation under State law.
(2) In determining the value of an applicant's stock-in-trade, the clerk shall accept as prima facie evidence the values shown on the certification of the State Department of Assessments and Taxation required by § 17-302 of this title.
(c) Visually handicapped applicants; Blind Industries. -- Notwithstanding the provisions of this section, if the average value of the applicant's stock-in-trade is $ 10,000 or less, a visually handicapped applicant who meets the standards of § 17-1806(b)(2) of this subtitle or Blind Industries shall pay to the clerk a license fee of only $ 6.
HISTORY: An. Code 1957, art. 56, § 2A, 13, 35-55, 55A, 56; 1992, ch. 4, § 2; ch. 467, § 2; 1993, ch. 5, § 1; 1994, ch. 90; 2011, ch. 386.