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Maryland s digital ad tax faces litigation, but tax could see broader adoption

PODCAST A room with a view: a non-tech explanation of containers and Kubernetes Private equity TMT activity making comeback in Europe PODCAST 18 Feb, 2021 Author Casey EganKatie Arcieri Maryland recently became the first state to pass a digital advertising services tax, but analysts are waiting to see what courts think of the law before hitting the panic button. Earlier this month, Maryland s state legislature overrode a veto from the governor to pass a first-of-its-kind tax on digital advertising revenues. The tax, which Maryland estimates could raise as much as $250.0 million in its first full year, is set to be imposed on certain annual gross revenues derived from types of digital advertising services in the state. It begins at a rate of 2.5% for companies with global annual gross revenues of $100 million to $1 billion and goes up to a rate of 10% for companies with global annual gross revenues exceeding $15 billion. In 2020, t

Big Tech lobbying groups sue Maryland to stop country s first digital advertising tax

Maryland s Digital Ad Tax May Receive Legal Pushback

Maryland’s Digital Ad Tax May Receive Legal Pushback Maryland made history last week, becoming the first state in the country to codify a tax on digital ads. The move would have a significant financial impact on big tech, but the bill will probably face multiple legal challenges. Jed Pressgrove, Government Technology   |   February 19, 2021   |  Analysis Overriding a veto from Gov. Larry Hogan late last week, the Maryland Legislature enacted a bill that would allow the state to be the first to collect taxes on digital advertising. While this move might make the history books, experts told Government Technology that legal challenges are likely on the way and that other states will watch the fireworks as they consider their stance on the issue.

Maryland s Digital Ad Tax May Receive Legal Pushback

Maryland s Digital Ad Tax May Receive Legal Pushback
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