Maryland Sample Letter for Payment of Corporate Income and Franchise Taxes and Annual Report Filing Fees Dear [Recipient's Name], I am writing to fulfill our obligation to pay the corporate income and franchise taxes and annual report filing fees for our company, [Company Name], in accordance with Maryland state regulations. This letter serves as an official notification and submission of the required payments. Within the state of Maryland, businesses are required to file an annual report and pay corporate income and franchise taxes to maintain legal compliance. It is important for our company to adhere to these obligations promptly to avoid any penalties or legal consequences. Our company has conducted its operations ethically and diligently, and we understand the importance of fulfilling our financial responsibilities to contribute to the growth and development of the state of Maryland. Enclosed with this letter, please find the following payments: 1. Corporate Income Tax Payment: [Amount] — This payment covers the corporate income tax owed for the fiscal year [Year]. — Our company has carefully calculated the appropriate amount according to the Maryland tax rate of [Tax Rate]% applied to our taxable net income. 2. Franchise Tax Payment: [Amount] — This payment covers the franchise tax for our company's existence within the state of Maryland. — The amount has been determined in compliance with the Maryland franchise tax laws, which consider factors such as authorized shares, issued shares, and our company's net worth. 3. Annual Report Filing Fee: [Amount] — This fee covers the cost of filing our annual report with the Maryland State Department of Assessments and Taxation (SEAT). — The annual report provides essential information about our company's operations and is due by the designated deadline according to Maryland's regulations. By completing these financial obligations, we strive to maintain a positive and transparent relationship with the state of Maryland and contribute to its economic growth. We understand that these funds help support various initiatives, infrastructure development, and public services within the state. Please note that all necessary documentation, including our tax returns and financial statements, have been submitted electronically to the Maryland State Department of Assessments and Taxation. We have complied with all requirements and provided accurate information to the best of our knowledge. Should you require any further information or if there are any discrepancies with our payments, please do not hesitate to contact us at [Company Phone Number] or [Email Address]. We are committed to addressing any concerns promptly and resolving any issues that may arise. Thank you for your attention to this matter, and we appreciate your cooperation in ensuring that our company remains in good standing with the state of Maryland. Sincerely, [Your Name] [Your Position] [Company Name] [Company Address] [City, State, ZIP Code] [Date]