Taxpayer Services Division
The Taxpayer Services' Corporate Charter/Charter Legal Review unit is custodian of documents relating to the organization and ownership of many types of business entities that are required to file documents with the State. These documents include charters for Maryland corporations and qualifications and registrations for foreign corporations. The unit is also the custodian of security interest (UCC) filings.
Charter Legal processes ground rent redemptions. Under this program homeowners can redeem the ground rents on their residencies where the ground rent holder can not be located. The unit also implemented a ground rent registration system where ground rent lease holders can register their ground rents with the State.
Taxpayer Services oversees the annual reassessment of operating property of railroads and public utilities and personal property of businesses. Property tax reports are filed with, and reviewed by, the Division annually. Thereafter, the values are certified to the subdivisions so that they may issue tax bills.
The Division administers franchise taxes applicable to the gross receipts of public service corporations.