WILLIAM DONALD SCHAEFER, Governor

Ch. 172

(ii) tangible personal property located in the
State and used in the trade or business.

(d) To reflect clearly the income allocable to Maryland,
the Comptroller may alter, if circumstances warrant, the methods
under subsections (b) and (c) of this section, including:

(1)  the use of the separate accounting method;

(2)   the use of the 3-factor formula method;

(3)   the weight of any factor in the 3-factor formula;

(4)   the valuation of rented property included in the
property factor; and

(5)   the determination of the extent to which tangible
personal property is located in the State.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989 June 1, 1989 and shall be applicable to
all taxable years beginning after December 31, 1988.

Approved May 5, 1989.

CHAPTER 172

(House Bill 220)

AN ACT concerning

Income Tax - Withholding Exemptions

FOR the purpose of providing that certain expenses may no longer
be used by a taxpayer to claim an additional withholding
exemption; altering an amount used to determine the validity
of certain certificates; establishing an effective date for
providing for the effective date and application of this
Act; and generally relating to income tax withholding
exemptions.

BY repealing and reenacting, with amendments,

Article - Tax - General
Section 10-910(c)
Annotated Code of Maryland
(1988 Volume)

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