- The US Chamber of Commerce and other trade associations challenged Maryland’s 2021 Digital Advertising Services Tax Bill.
- The Bill taxes large tech companies based on digital ad revenue and prohibits passing the tax to consumers.
- The Chamber argued this prohibition violates the First Amendment by restricting companies from informing consumers.
- The US Court of Appeals ruled the tax unconstitutional due to its restriction on free speech.
- The ruling compared the tax to the 1765 Stamp Act, which also limited public discourse on taxation.
- The Court of Appeals overturned a previous District Court ruling that allowed the law to stand.
- The future of the tax is uncertain, with ongoing challenges from companies like Apple and Meta.
Source: vatabout.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
