SPIRO T. AGNEW, Governor                        173

Sec. 6. And be it further enacted, That Sections 279, 282, 288,
313, 315 and 323 of Article 81 of the Annotated Code of Maryland
(1965 Replacement Volume and 1966 Supplement), title "Revenue
and Taxes," subtitle "Income Tax," be and they are hereby repealed
and re-enacted, with amendments, and that Sections 280, 281, 283,
287, 289 and 323A of said Article, title and subtitle be and they
are hereby repealed, and new Sections 280, 281, 283, 287, 289 and
323A be and they are hereby enacted to stand in the place of the
corresponding sections repealed, respectively, AND THAT NEW
SECTION 280A BE AND IT IS HEREBY ADDED TO SAID AR-
TICLE AND SUBTITLE OF THE CODE TO FOLLOW IMMEDI-
ATELY AFTER SECTION 280 THEREOF, and Section 285 of said
Article, title and subtitle be and is hereby repealed to read as follows:

279.

For the purposes of this subtitle and unless otherwise required
by the context:

(a)    "Comptroller" means the State Comptroller.

(b)    "Person" means an individual, a partnership or a corpora-
tion.

(c)    "Taxpayer" means any person required by this subtitle to pay
a tax or file a report.

(d)    "Partnership" includes all copartners, whether general or
special, and whether limited or unlimited; it includes also joint en-
terprises.

(e)    "Individual" means all natural persons, whether married or
unmarried; and also all fiduciaries, including corporate fiduciaries
and the estates they represent.

(f)    "Fiduciary" means any person by whom the legal title to
real or personal property is held for the use and benefit of another,
and shall include a trustee, but shall not include an agent holding
custody or possession of property owned by his principal, a guardian,
a committee or trustee for an incompetent, a receiver or trustee
liquidating the business of an individual, partnership or corpora-
tion, or an executor or administrator of the estate of a decedent
when the estate is subject to the inheritance or succession tax laws
of this State, or an individual, firm or corporation acting individually
or collectively as manager or trustees of an employees pension trust
exempt hereunder.

(g)    "Taxable year" means the calendar year or the fiscal year
ending during such calendar year upon the basis of which the net
income is computed under this subtitle; and, in the case of a return
made for a fractional part of a year under the provisions of this
subtitle, means the period for which such return is made.

(h) "Fiscal year" means an accounting period of twelve months
ending on the last day of any month other than December.

(i) "Resident" means an individual domiciled in this State on
the last day of the taxable year, and every other individual who,
for more than six months of the taxable year, maintained a place
of abode within this State, whether domiciled in this State or not;
but any individual who, on or before the last day of the taxable