Home Table of Contents

§ 7.5-101. Definitions

West's Annotated Code of MarylandTax-GeneralEffective: May 30, 2021

West's Annotated Code of Maryland
Tax-General (Refs & Annos)
Title 7.5. Digital Advertising Gross Revenues Tax (Refs & Annos)
Subtitle 1. Definitions; General Provisions (Refs & Annos)
Effective: May 30, 2021
MD Code, Tax - General, § 7.5-101
§ 7.5-101. Definitions
In general
(a) In this title the following words have the meanings indicated.
Annual gross revenues
(b) “Annual gross revenues” means income or revenue from all sources, before any expenses or taxes, computed according to generally accepted accounting principles.
Assessable base
(c) “Assessable base” means the annual gross revenues derived from digital advertising services in the State.
Broadcast entity
(d) “Broadcast entity” means an entity that is primarily engaged in the business of operating a broadcast television or radio station.
Digital advertising services
(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.
(2) “Digital advertising services” does not include advertisement services on digital interfaces owned or operated by or operated on behalf of a broadcast entity or news media entity.
Digital interface
(f) “Digital interface” means any type of software, including a website, part of a website, or application, that a user is able to access.
News media entity
(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.
(2) “News media entity” does not include an entity that is primarily an aggregator or republisher of third-party content.
User
(h) “User” means an individual or any other person who accesses a digital interface with a device.

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 May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document