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Maryland approves the Digital Advertising Gross Revenues Tax, the first tax in US on digital ads revenue, creating a 10% tax on firms with $15B+ global revenues (David McCabe/New York Times)
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David McCabe / New York Times:
Maryland approves the Digital Advertising Gross Revenues Tax, the first tax in US on digital ads revenue, creating a 10% tax on firms with $15B+ global revenues — Analysts estimate that the tax will generate up to $250 million for schools in the state in the first year.
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