Maryland Code > TAX – GENERAL > Title 5 – Alcoholic Beverage Tax
Current as of: 2023 | Check for updates
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| Subtitle 1 | Definitions; General Provisions | 5-101 – 5-105 |
| Subtitle 2 | Returns | 5-201 |
| Subtitle 3 | Tax Payment | 5-301 – 5-303 |
Terms Used In Maryland Code > TAX - GENERAL > Title 5 - Alcoholic Beverage Tax
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Oath: A promise to tell the truth.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.