Published • loading... • Updated
Maryland Tax Court Voids Digital Ad Tax, Orders Refunds to Apple, Google and Peacock TV
The ruling requires Maryland to return more than $400 million collected under the 2021 tax, which targeted large tech companies.
- On Friday, the Maryland Tax Court struck down the state's digital advertising tax, ordering refunds to Apple, Google, and Peacock TV for taxes collected under the unconstitutional law.
- Enacted in 2021 to fund the Blueprint for Maryland's Future, the Digital Advertising Gross Revenues Tax targeted companies with at least $100 million in global revenue at graduated rates from 2.5% to 10%.
- The court found the tax violates the 1998 Internet Tax Freedom Act by discriminating against digital advertising while not taxing similar print, billboard, or television ads equally.
- Comptroller Brooke Lierman and legislative leaders said they "respectfully disagree" with the ruling and will pursue judicial review by the circuit court within 30 days.
- Policymakers in Illinois and Utah, which adopted similar taxes this year, are monitoring the decision closely as legal experts expect other states will face identical constitutional challenges.
Insights by Ground AI
34 Articles
34 Articles
Associated Press News+22 Reposted by 22 other sources
Maryland tax court voids digital ad tax, orders refunds to Apple, Google and Peacock TV
A Maryland state tax court has struck down the state’s tax on digital advertising. The court says the tax violates the federal Internet Tax Freedom Act and parts of the U.S.
·New York, United States
Read Full Article
Maryland’s tax on digital advertising by tech giants struck down in court
The tax, first approved in 2020, is designed to raise hundreds of millions of dollars for public schools by taxing Big Tech for ads that follow Marylanders around as they peruse social media platforms, websites and streaming services.
Coverage Details
Total News Sources34
Leaning Left11Leaning Right4Center15Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 37%
C 50%
13%
Factuality
To view factuality data please Upgrade to Premium
