MARVIN MANDEL,

Governor

2665

No. 36

(Senate Joint Resolution No. 63)

A Senate Joint Resolution concerning

Multistate Tax Compact

FOR the purpose of requesting the appointment of a
commission to study the desirability of Maryland
becoming a member of the Multistate Tax Compact.

WHEREAS, The Multistate Compact is an interstate
compact that has been enacted into law by 21 states[[,
for the purpose of establishing a Commission to study the
desirability of Maryland becoming a member of the
Multistate Tax Compact]]; and

WHEREAS, This Compact is designed to encourage
uniformity in state tax laws applicable to interstate
business and to improve the administration of state taxes
with respect to that business, including a cooperative
audit program by the member states of tax returns of
corporations doing business in more than one state; and

WHEREAS, The purposes of the Multistate Tax Compact
are to:

1.    Facilitate proper determination of state
and local tax liability of multistate corporate
taxpayers, including the equitable apportionment of
tax bases and settlement of apportionment disputes.

2.    Promote uniformity or compatibility in
significant components of tax systems.

3.    Facilitate taxpayer convenience and
compliance in the filing of tax returns and in other
phases of tax administration.

4.    Avoid duplicative taxation; now,
therefore, be it

RESOLVED BY THE GENERAL ASSEMBLY OF MARYLAND, That a
commission be established to study the desirability of
Maryland becoming a member of the Multistate Tax Compact,
with two members of the commission to be appointed by the
President of the Senate, two by the Speaker of the House
of Delegates and two by the Comptroller of the State and
that the commission be requested to submit its report to
the General Assembly by November 1, 1976.

Approved May 4, 1976.