MD Department of Assessment and Taxation Business Database Special Terms

 

"Resident Agent - A person that a sheriff can walk up to and hand a summons to in order to get jurisdiction over the entity for court. It may or may not be one of the owners or officers. In some cases this can be a Maryland corporation. In all cases the address must be a physical address (no P.O. boxes). “

Entity Name - The full legal name of the entity as it appears in our file. For Maryland entities the record shows the legal name. For foreign entities it is possible that the legal name in the home jurisdiction will differ either because that name was not available at the time of registration in Maryland or the name was changed in the home state after registration here and we were not notified as required by law.”

Entity Type - The Department's files contain all the different types of business entities available under State law that can be created by a filing with the Department. These entities are limited liability partnerships, corporations, limited partnerships, limited liability companies, limited liability limited partnerships, business trusts, real estate investment trust and trade name filings.”

Filing Date - Most entities are required to file an annual report. This date shows when the return was received. Returns received before early 1999 are not always shown, although the assessments certified for prior years are included in this database.”

Filing Date - Most entities are required to file an annual report. This date shows when the return was received. Returns received before early 1999 are not always shown, although the assessments certified for prior years are included in this database.”

Annual Report - "The annual report is part of the personal property return that must be filed by most entities. It indicates the type of entity, name, mailing address, whether the mailing address is a new address, the Department ID number, the federal Employer ID number, date and state of incorporation or formation, federal principal business code, whether business is conducted in Maryland, the nature of the business, and whether or not the entity owns, leases, or uses personal property in Maryland. In the case of corporations it lists officers and directors and whether the corporation can issue stock. The annual report is not the same as an annual report to shareholders that contains financial information required by the federal Securities and Exchange Commission."

Principal Office - "All Maryland entities require some Maryland address where certain records are to be kept or certain requests can be made on management. This may or may not be where the actual business endeavor is conducted. For foreign entities this is a mailing address that can be anywhere."

Owner - "The legal entity or person that is operating under a trade name and which may own and/or control the business."