Maryland – Recordkeeping Regulation Amended

SALT Report 2844 – The Maryland Comptroller amended a sales and use tax regulation to provide that a vendor who assumes or absorbs all or part of the sales and use tax on a retail sale must maintain records that will distinguish those sales in which the vendor assumed or absorbed the tax from all other sales.

These provisions are effective August 19, 2013.

For Further Information

Maryland Comptroller of the Treasury – Regulation §

Maryland Register – Proposed Action on Regulations

Maryland Register – Regulations Adopted as Proposed