Maryland's Controversial Tax on Digital Advertising Explained

Kelley Drye & Warren LLP
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On February 12, 2021, the General Assembly of the State of Maryland enacted legislation imposing the Digital Advertising Gross Revenues Tax, overriding a prior veto of the legislation by Maryland Governor Larry Hogan. The Act imposes a tax, at rates of up to 10%, on gross revenues “derived from digital advertising services in the state.” The tax could be extremely burdensome, and within days of the Act’s enactment, a number of advertising industry groups commenced litigation, in an effort to block implementation of the See more +
On February 12, 2021, the General Assembly of the State of Maryland enacted legislation imposing the Digital Advertising Gross Revenues Tax, overriding a prior veto of the legislation by Maryland Governor Larry Hogan. The Act imposes a tax, at rates of up to 10%, on gross revenues “derived from digital advertising services in the state.” The tax could be extremely burdensome, and within days of the Act’s enactment, a number of advertising industry groups commenced litigation, in an effort to block implementation of the Act.

Tax partner Andrew Lee breaks down what you need to know about this first-of-its-kind tax on this episode of the Kelley Drye's Legal Download. Also see the client alert covering the tax: https://www.kelleydrye.com/News-Events/Publications/Client-Advisories/Maryland-Enacts-Controversial-Tax-on-Digital-Adver

Contact:

Andrew H. Lee

alee@kelleydrye.com

(212) 808-7859

Bio - www.kelleydrye.com/Our-People/Andrew-H-Lee See less -

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