Please refer to COMAR 03.04.03.08 for more information. The base amount is determined by dividing the ag- gregate QREs by the aggregate Maryland gross receipts for the four years prior to the credit year. If the business entity is a partial year or short year taxpayer determine the Maryland adjusted base amount by multiplying the base percentage by the adjusted average Maryland gross receipts. Maryland gross receipts mean gross receipts reasonably attributable to the conduct of trade or business in Maryland. Compute the average gross receipts based on the number of years the business was in existence. I am asking whether some element of feeling is also entailed in IsraelвЂ™s covenantal love of the Lord as portrayed in the Hebrew Bible.31The nature of the evidence makes it difficult to give an answer.ДЇor a business entity with no Maryland gross receipts during any of the immediately preceding 4 taxable years, the Maryland base amount is zero.Дetermine the businessвЂ™s Maryland gross receipts for the tax year for which you are claiming credits and the preceding four years or for those years that the business had gross receipts.2. Provide the businessвЂ™s Maryland gross receipts for TYE 2014 and the preceding four years or for those years that the business had gross receipts.Д¬alculate the base percentage by dividing the average (or adjusted average) Maryland qualified research and development expenses by the average (or adjusted average) Maryland gross receipts for the applicable years. Calculate the base percentage by dividing the average Maryland qualified research and development expenses by the average Maryland gross receipts.

What are gross receipts