| Real Property Tax Rates | |
| Assessed per | $100.00 |
| County (includes state tax of $0.08) | $0.77 |
| Municipal | |
| Berlin | $1.45 |
| Ocean City | $1.25 |
| Snow Hill | $1.49 |
| Pocomoke City | $1.49 |
| School | $0.00 |
| Income Tax Rates | ||
| Personal | State | 2.00-4.75% |
| County | 1.00% | |
| Corporate | ||
| State | 7.00% | |
| Sales Tax | ||
| State | 5.00% | |
| Business Personal Property Tax | |||
| State | None | ||
| County & Cities | Business Personal Property taxed at 100% (depreciated 10% per annum); Exemptions available for manufacturing, R&D and pollution control equipment | County: $1.72 | |
| Municipal: $2.96-3.52 | |||
| Inventory Tax | |
| Manufacturer's inventory exempt. Ocean City and Pocomoke City tax wholesale & retail inventory. |
| Tax Credits | |
| Corporate Income Tax. |