{"data":{"id":"us-md/md.-code-tax-general-7-204","jurisdiction":"us-md","citation":"Md. Code, Tax - General § 7–204","heading":"","body":"(a) In this section, “clear value” means fair market value minus expenses.\n(b) The inheritance tax rate is 10% of the clear value of the property that passes from a decedent.\n(c) If a decedent died on or before May 31, 1975, the rate of the inheritance tax is the rate in effect on the date of the decedent’s death.","path":["Article - Tax - General"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg\u0026section=7-204","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:18Z","sha256":"45f0c413aa16b56c0bd6cbd8bd6091044f15116c82fe2ff5b90405740052abb3","source_id":"us-md","stale":false,"prev":"us-md/md.-code-tax-general-7-203","next":"us-md/md.-code-tax-general-7-207"},"notice":"GroundRules: Original legal text. Not legal advice."}