- Title
- Digital Advertising Gross Revenues Tax – Exemption and Restriction
- Sponsored by
- Senator Ferguson
- Status
- In the Senate - Hearing 2/17 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Exempting, from a certain tax on certain annual gross revenues derived from certain digital advertising services in the State, certain advertisement services on certain digital interfaces owned or operated by or operated on behalf of certain broadcast entities and news media entities; prohibiting a person who derives gross revenues from digital advertising services in the State from passing on the cost of the tax to a certain customer in a certain manner; applying the Act to taxable years beginning after December 31, 2020; etc.
Committees
Details
Cross-filed with: HB1200
Bill File Type: Regular
Effective Date(s): July 1, 2021
Contingency - on enactment of another bill
History
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File Code
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Subjects
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Statutes
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(
7.5-101, 7.5-102 )
Last Updated: 2/18/2021 4:40 PM