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Tag Archives: tax

Tax on exercise, or religious infringement?

By lululemon athletica (SSC Yoga with Eoin Finn) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Take a deep breath, Marylanders, and move into a downward dog. Because unless you practice yoga (or go to any health club or gym) in the nation's capital, the “yoga tax” you may have heard of has nothing to do with you.

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Top court: Out-of-state subsidiaries can be taxed here

In what is at least a $26 million victory for the state, Maryland’s top court held Monday that the comptroller can tax the income of out-of-state subsidiaries of a company doing business in Maryland if the subsidiary’s operations are economically dependent on the parent.

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