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Tax Law

Maryland Digital Advertising Tax Hearing Scheduled – January 29, 2020 at 1 p.m. Eastern

Earlier this month, Maryland State Senators Miller and Ferguson introduced Senate Bill 2, which would tax Maryland digital advertising service gross revenues at up to a 10% rate. Earlier today, the Department of Legislative Services issued the Fiscal and Policy Note for the proposal, which estimates up to $250 million of revenue in the tax’s first full year. Tomorrow, January 29th, the Maryland State Senate’s Budget and Taxation Committee will hear testimony on this bill during its 1:00 p.m. meeting in Annapolis. A live stream of the hearing can be found here by clicking the red “Live!” link next to “Budget and Taxation Committee – Bill Hearing” (the button will appear once the hearing has begun). An archived video of the hearing can be viewed here.