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Maryland General Assembly Approves Legislation for Introduction of Digital Advertising Tax and Sales Tax on Digital Products

23 March 2020

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Proposed Changes

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United States

On 18 March 2020, the General Assembly (legislature) of the U.S. State of Maryland approved House Bills H.B. 732 and H.B. 932, which enable the taxation of digital advertising and products. Bill H.B. 732 provides for the introduction of a tax on digital advertising, which would be the first such tax introduced by any U.S. State. The measures of the bill are largely the same as those in a Senate version previously reported on and include digital advertising tax rates of 2.5% to 10% depending on global annual gross revenue of at least USD 100 million for persons with revenue...