§ 7.5-101. Definitions
West's Annotated Code of MarylandTax-GeneralEffective: May 30, 2021
Effective: May 30, 2021
MD Code, Tax - General, § 7.5-101
§ 7.5-101. Definitions
(b) “Annual gross revenues” means income or revenue from all sources, before any expenses or taxes, computed according to generally accepted accounting principles.
(c) “Assessable base” means the annual gross revenues derived from digital advertising services in the State.
(d) “Broadcast entity” means an entity that is primarily engaged in the business of operating a broadcast television or radio station.
(e)(1) “Digital advertising services” includes advertisement services on a digital interface, including advertisements in the form of banner advertising, search engine advertising, interstitial advertising, and other comparable advertising services.
(f) “Digital interface” means any type of software, including a website, part of a website, or application, that a user is able to access.
(g)(1) “News media entity” means an entity engaged primarily in the business of newsgathering, reporting, or publishing articles or commentary about news, current events, culture, or other matters of public interest.
Credits
Added by Acts 2021, c. 37, § 2, eff. March 14, 2021. Amended by Acts 2021, c. 669, § 1, eff. May 30, 2021.
MD Code, Tax - General, § 7.5-101, MD TAX GENERAL § 7.5-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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