Scale of Charges and Fees. DOMESTIC CORPORATIONS. To be paid State Tax Commissioner: Recording certificate (skeleton form (1), infra), with State Tax Commissioner and clerk of court. $3. Recording long certificate, such as form (2), infra. $8.* Bonus tax: one-eighth of one per cent. of authorized capital (same amount for any subsequent increase of capital). No annual franchise tax. FOREIGN CORPORATIONS. Recording initial certificate with Secretary of State. $25.00. Recording annual certificate with Secretary of State. $1. Annual franchise tax to be paid to State Treasurer, $25 for every full fifty thousand dollars of capital employed in Maryland up to five hundred thousand dollars, but in no case less than $25. If the amount of such capital is more than five hundred thousand dollars and not more than five million dollars, then an additional amount equal to one-fortieth of one per cent. on the excess; and if more than five million dollars, then an additional amount at the rate of $30 for every million dollars of such last named excess. *The amount varies with the length of the certificate. Code 1911, Art. 23, sec. 4, provides that at the time of receiving the certificate, the State Tax Commissioner shall collect double the fees allowed by law to clerks of courts for recording a document of similar length. |