Acting swiftly before recess on March 18, 2020, the Maryland General Assembly has passed two important bills aimed at the taxation of digital advertisements and products. H.B. 732 permits Maryland to impose a Digital Advertising Gross Revenues Tax and H.B. 932, known as the 21st Century Economy Fairness Act, broadens the sales tax base to the taxation of digital products. Both measures will now be sent to Governor Hogan for review, where a veto is anticipated.
Source: Mondaq