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Tag Archives: tax credit

Biotech tax credit faces demise amid talk of special session

ANNAPOLIS — A Rockville-based biotechnology company spent the last year trying to kill off bacteria that cause stomach ulcers, the kind of research that would be difficult to conduct without significant outside investment. But by passing a “doomsday” budget containing ...

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New law extends job creation tax credit program

ANNAPOLIS — The duration of a job creation tax credit program was doubled Tuesday, as legislation authorizing the credit’s extension was among the dozens of bills signed by Gov. Martin O’Malley and the presiding officers of the General Assembly. HB ...

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U.S. orders for long-lasting goods rise 2.2 percent

WASHINGTON — U.S. companies ordered more long-lasting goods last month, showing businesses are willing to buy equipment and machinery even after an investment tax credit was halved. The Commerce Department said Wednesday that orders for durable goods rose 2.2 percent ...

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Coin show tax credit lives

ANNAPOLIS — The Maryland General Assembly is poised to retain an imperiled 22-year-old tax break for collectible coin dealers, which Gov. Martin O’Malley had sought to eliminate in next year’s budget. An Atlanta company threatened to move three annual Baltimore ...

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