(a) In this title the following words have the meanings indicated. (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 […]
(a) A tax is imposed on annual gross revenues of a person derived from digital advertising services in the State. (b) (1) For purposes of this title, the part of the annual gross revenues of a person derived from digital advertising services in the State shall be determined using an apportionment fraction: (i) the numerator of which is the […]
The digital advertising gross revenues tax rate is: (1) 2.5% of the assessable base for a person with global annual gross revenues of $100,000,000 through $1,000,000,000; (2) 5% of the assessable base for a person with global annual gross revenues of $1,000,000,001 through $5,000,000,000; (3) 7.5% of the assessable base for a person with global annual gross revenues […]
