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Repost: Maryland Legislature Overrides Veto, Enacts New Digital Advertising Tax

February 16, 2021 by Stephen Tauber

Maryland lawmakers on Friday voted to override Governor Larry Hogan’s veto of a new tax on digital ad sales.

The first-of-a-kind law (HB 732), which was passed last year but quickly vetoed by Hogan, imposes taxes on companies that have more than $100 million in digital ad revenue. Rates vary 2.5% to 10% of revenue attributable to Maryland, with the percentage tied to global revenue.

https://www.mediapost.com/publications/article/360542/maryland-legislature-overrides-veto-enacts-new-di.html