- New Sales Tax Legislation: On March 26, 2025, the Maryland House of Delegates passed HB 352, introducing a new 3% sales tax on data and information technology services, which includes software licensing and media rights, if approved by the Senate.
- Scope and Application: The tax will apply to services defined under NAICS sectors 518, 519, and 5415, and will be effective starting July 1, 2025, with the new rate applicable instead of the general 6% Maryland sales tax for the specified services.
- Legislative Background and Implications: The proposal follows the abandonment of a broader tax measure opposed by the business community; it aims to clarify and expand taxable services in Maryland’s existing sales tax framework while awaiting Senate consideration and potential amendments.
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