FOR IMMEDIATE RELEASE
Annapolis, MD, November 10, 2021—AAF Maryland Leaders: Attached are the comments filed by AAF, ANA and other industry partners with the Maryland Comptroller’s Office regarding proposed regulations to implement the state’s digital advertising tax. Even though the regulations are not final and legal challenges are ongoing, the tax is still due to go into effect January 1. While the revenue threshold for tax liability is quite high at $100 million, any business concerned about possible impact is urged to talk with their Maryland tax advisor.
We will continue to keep you updated on any new developments. Feel free to contact me if you have any questions or comments.
Attachments: Comments on Proposed Digital Advertising Tax Regulations under COMAR 03.12.01
—Clark Rector