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Maryland Takes a Beat on Its New Digital Advertising Tax

By Larry Brant Peter Evalds on April 15, 2021
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Maryland State HouseLast week, we reported on Maryland’s new gross receipts tax on revenues derived from digital advertising services (the “Tax”), the first of its kind in the nation.  Affected taxpayers and tax practitioners alike can breathe a sigh of relief—the Tax will not apply to tax years beginning before 2022.  Additionally, the broadcast news industry secured a significant victory by obtaining an exclusion from the Tax.

  • Posted in:
    Tax
  • Blog:
    Larry's Tax Law
  • Organization:
    Foster Garvey PC
  • Article: View Original Source

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