Audit: MD’s taxation department lazy in assessing property values

By Charlie Hayward | for Maryland Reporter

The Maryland Assessments and Taxation Department hasn’t performed regular physical inspections of individual properties to support property assessments as required by state law for “many years,” legislative auditors found.

The department also did not audit or review business personal property tax returns or homeowner tax credits, and it doesn’t perform sufficient data matches to look for businesses who fail to file personal-property tax returns, according to an audit report released last month.

Maryland’s Department of Assessments and Taxation administers real and personal property tax laws, issues corporate charters and collects certain state revenues, such as business gross receipts taxes. It does not collect real property or income taxes and it doesn’t set property tax rates.

at Maryland Reporter.

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