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Maryland offering refund to businesses who paid early Maryland Sales & Use Taxes

Posted at 11:34 AM, Mar 20, 2020
and last updated 2020-03-20 17:24:33-04

ANNAPOLIS, Md. — Businesses who paid their Maryland Sales & Use Taxes for March early may request a refund of their payment.

Maryland Comptroller Peter Franchot made the announcement Friday to assist businesses affected by the economic impact of COVID-19.

The new deadline is now June 1 for businesses due to pay businesses filing sales and use tax, withholding tax, and admissions & amusement tax, as well as alcohol, tobacco and motor fuel excise taxes, tire recycling fee and bay restoration fee returns in March, April and May 2020.

Business taxpayers who file and pay by the extended due date will receive a waiver of interest and penalties.

“Our state’s top priority is safeguarding public health for Marylanders, but we must also protect the financial health of our economy,” said Comptroller Franchot. “This extension will provide much-needed relief to our business owners as they adjust to changes in consumer behavior, tourism trends and employee workforce output.”

The Maryland Comptroller’s Office also extended income tax filings & payments from April 15 to July 15, 2020. State individual and corporate income taxpayers will also be granted the same relief, without interest or penalty for late payments as long as the new deadline is reached.

Fiscal and calendar year filers with tax years ending January 1, 2020 through March 31, 2020 are also eligible for the July 15, 2020 payment extension.

The agency has set up a dedicated email address — taxpayerrelief@marylandtaxes.gov — to assist businesses with extension-related questions. Business owners can also call the Comptroller's Ombudsman at 410-260-4020.