Business Tax Commission May Not Meet Again

The Maryland Business Tax Reform Commission has canceled its meeting Tuesday and may not even meet next week to put the finishing touches on a report that advises against instituting a new form of corporate taxation called “combined reporting.”

“We have a draft of the report,” said commission chairman Ray Wacks, budget director for Howard County.

“We’re just doing some wordsmithing.”

“We’ve made our decisions” at the last meeting Nov. 16, and “we’ll probably not have another meeting,” Wacks said.

The only open question is whether the four members of the 18-member commission who voted in favor combined reporting – including two senators on the Budget and Taxation Committee -- will produce a minority report to be delivered to the governor and legislature.

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