Bill > S01124

This bill, known as the digital ad tax act (DATA), establishes a tax on the annual gross revenue derived from digital advertising services in the state of New York. The tax rates range from 2.5% to 10%, depending on the global annual gross revenues of the person providing the digital advertising services. The bill requires persons with at least $1 million in annual gross revenues from digital advertising services in the state to file returns and pay the tax. It also introduces penalties for violations of the new tax provisions.