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Interest and Penalty Assessed on Tax Bills

Pursuant to Maryland Law, tax payments must be made on or before the due date to avoid interest and penalty charges. Postmarks are not accepted. Delinquent tax bills are subject to interest and penalty at the rate of 1 2/3% (1.667% per month) on the unpaid balance until paid in full. For properties in "Tax Sale", the redemption interest rate accumulates at a rate of 20% per annum (the daily rate is .05479%).
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