The state of Maryland is considering becoming the first in the country to apply a tax to digital advertising, but opponents warn that the measure would face a costly legal challenge. Maryland Senate President Bill Ferguson, D-Baltimore, has proposed the tax, which could apply a levy of up to 10% on revenue from digital ads that target IP addresses in Maryland. The bill could yield as much as $250 million per year in tax revenue, according to a Washington Post report. Read More...
The state of Maryland is considering becoming the first in the country to apply a tax to digital advertising, but opponents warn that the measure would face a costly legal challenge. Maryland Senate President Bill Ferguson, D-Baltimore, has proposed the tax, which could apply a levy of up to 10% on revenue from digital ads that target IP addresses in Maryland. The bill could yield as much as $250 million per year in tax revenue, according to a Washington Post report.
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