Md. Code, Tax - General § 7-204

Md. Code, Tax - General § 7-204
in effect
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(a) In this section, “clear value” means fair market value minus expenses. (b) The inheritance tax rate is 10% of the clear value of the property that passes from a decedent. (c) If a decedent died on or before May 31, 1975, the rate of the inheritance tax is the rate in effect on the date of the decedent’s death.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg&section=7-204&enactments=falseFetched: 10/17/2026

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