Md. Code, Tax-Gen. § 7.5-103

Current with effective changes from the 2024 Legislative Session, chs. 2-507

Section 7.5-103 - Tax rate

The digital advertising gross revenues tax rate is:

(1) 2.5% of the assessable base for a person with global annual gross revenues of $100,000,000 through $1,000,000,000;

(2) 5% of the assessable base for a person with global annual gross revenues of $1,000,000,001 through $5,000,000,000;

(3) 7.5% of the assessable base for a person with global annual gross revenues of $5,000,000,001 through $15,000,000,000; and

(4) 10% of the assessable base for a person with global annual gross revenues exceeding $15,000,000,000.

Md. Code, TG § 7.5-103

Added by 2021 Md. Laws, Ch. 37,Sec. 2, eff. 3/12/2021.