Latest / Annapolis News Today | 2 Min News | The Daily News Now!
Maryland's Digital Ad Tax Struck Down | Annapolis News
Maryland’s pioneering digital ad tax, designed to fund education reforms, has been struck down by the state’s highest tax court — a major blow to the state’s revenue strategy and sparking a fierce legal battle. The tax, enacted in 2021 over the governor’s veto, targeted big tech giants like Apple and Google, taxing them based on global revenue with proceeds earmarked for education. Now, with the court ruling it violates federal and constitutional law, Maryland may be forced to refund billions collected — raising questions about who gets the money back and whether businesses indirectly…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.