Maryland Passes Digital Ad Tax

Wendy Davis, DigitalNewsDaily

Facebook, Google and other online companies could face new taxes in Maryland, if a bill passed this week is signed by the governor.

The measure, SB2, would impose new taxes on companies that glean than $100 million in digital ad revenue. Rates would vary from 2.5% to 10% of revenue attributable to Maryland, with the percentage tied to global revenue: Companies taking in between $100 million and $1 billion in digital ad revenue globally would be taxed at the 2.5% rate, while those taking in more than $15 billion would be assessed at the 10% rate.