Home > Maryland Tax Revenue - T41 - Corporation net income taxes - Q3 2011

Tax Type State Variables Year Quarter

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T41 - Corporation net income taxes - Maryland (1994 - 2011) (Thousands of US$)
Year Quarter Value
1994 Q1 1994 $89,266
1994 Q2 1994 $90,853
1994 Q3 1994 $69,000
1994 Q4 1994 $70,838
1995 Q1 1995 $109,335
1995 Q2 1995 $136,791
1995 Q3 1995 $91,676
1995 Q4 1995 $91,622
1996 Q1 1996 $109,170
1996 Q2 1996 $38,085
1996 Q3 1996 $53,936
1996 Q4 1996 $98,757
1997 Q1 1997 $98,748
1997 Q2 1997 $92,058
1997 Q3 1997 $92,576
1997 Q4 1997 $46,169
1998 Q1 1998 $86,920
1998 Q2 1998 $153,049
1998 Q3 1998 $84,257
1998 Q4 1998 $87,713
1999 Q1 1999 $91,592
1999 Q2 1999 $141,406
1999 Q3 1999 $68,895
1999 Q4 1999 $52,526
2000 Q1 2000 $112,402
2000 Q2 2000 $197,286
2000 Q3 2000 $80,510
2000 Q4 2000 $206,275
2001 Q1 2001 $134,955
2001 Q2 2001 $79,625
2001 Q3 2001 $71,358
2001 Q4 2001 $33,492
2002 Q1 2002 $109,284
2002 Q2 2002 $145,286
2002 Q3 2002 $101,492
2002 Q4 2002 $46,407
2003 Q1 2003 $79,941
2003 Q2 2003 $151,179
2003 Q3 2003 $87,052
2003 Q4 2003 $37,150
2004 Q1 2004 $143,984
2004 Q2 2004 $179,301
2004 Q3 2004 $206,246
2004 Q4 2004 $244,177
2005 Q1 2005 $170,130
2005 Q2 2005 $252,184
2005 Q3 2005 $195,831
2005 Q4 2005 $169,659
2006 Q1 2006 $236,891
2006 Q2 2006 $244,479
2006 Q3 2006 $197,434
2006 Q4 2006 $121,431
2007 Q1 2007 $197,894
2007 Q2 2007 $265,271
2007 Q3 2007 $155,198
2007 Q4 2007 $56,114
2008 Q1 2008 $237,079
2008 Q2 2008 $286,933
2008 Q3 2008 $224,739
2008 Q4 2008 $112,341
2009 Q1 2009 $175,322
2009 Q2 2009 $236,599
2009 Q3 2009 $138,473
2009 Q4 2009 $316,997
2010 Q1 2010 $174,792
2010 Q2 2010 $261,130
2010 Q3 2010 $159,624
2010 Q4 2010 $126,454
2011 Q1 2011 $193,429
2011 Q2 2011 $296,338
2011 Q3 2011 $159,033

Code: T41 Corporation Net Income Taxes

Definition: Taxes on corporations and unincorporated businesses (when taxed separately from individual income), measured by net income, whether on corporations in general or on specific kinds of corporations, such as financial institutions.

Excludes: Income taxes on gross income or receipts of corporations (report at Sales and Gross Receipts Taxes, codes T09 - T19) and combined corporation and individual income taxes not separable by type in older, historical data (report at Individual Income Taxes, code T40).

Examples: State governments - Michigan's VAT tax (Single Business Tax) is classified here.

Special Consideration:  Although such taxes may be called "license" or "franchise taxes," they are classified here if measured by net income.

Category: Income Taxes

Category Description: Taxes levied on the gross income of individuals or on the net income of corporations and businesses (i.e., after allowable deductions).

Deduct refunds of taxes from gross collections even if they were recorded as tax revenue in a previous fiscal year.

Source: U.S. Census Bureau

Note: Not all states report all tax types. If the amount is zero for all time, then it is likely that the state does not report or collect the chosen tax type.