summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to establishing a tax for online advertising. Revenue.
AI Summary
This bill establishes a tax on the sale of digital advertising services provided within the Commonwealth of Massachusetts. The tax will be assessed at a rate of 6.25% of the person's annual gross revenue from digital advertising services within the state, with the first $1 million in revenue being exempt. Digital advertising services are defined as advertisements on digital interfaces, such as websites or applications, and a service is considered to be provided within the Commonwealth if it is received on a user's device with an IP address located in Massachusetts. Persons with revenue from digital advertising services within the state must remit the excise tax to the Commissioner of Revenue on a monthly basis.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H4727 (on 06/24/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/H2930 |
| BillText | https://malegislature.gov/Bills/193/H2930.pdf |
Loading...