As an employer, you must record sums that are withheld from employee wages in a ledger account to clearly indicate the amount of state tax withheld. The corporation income tax applies to every Maryland corporation , even if it has no taxable income or the corporation is inactive.The Comptroller of Maryland's web site has information about tax regulations, withholding, tax forms, unclaimed property, as well as numerous fiscal reports. Only Complete if you are either: Board of director membership: 1. Withholding Tax Forms for 2017 Filing Season (Tax Year 2016) (Please note the Office of Tax and Revenue is no longer producing and mailing booklets. The Tax Department is streamlining withholding tax and wage reporting forms and Web File applications. A complete listing of state tax forms and filing options. Businesses are charged a tax for furniture, fixtures, and equipment utilized in the operation of a business. The vendor must collect and file sales tax. A vendor is a person in the retail business, who sells finished goods to consumers.