After a long wait, the Maryland Comptroller of the Treasury recently released Maryland Form 600D, Declaration of Estimated Digital Advertising Gross Revenues Tax. The Maryland Digital Advertising Tax went into effect on January 1, 2022. Taxpayers subject to the tax are required under Maryland law to make estimated payments. The first one is due April 15, 2022. The recently released Form 600D is provided to calculate and make estimated payments. The form must be filed by every taxpayer that reasonably expects its Maryland gross revenues attributable to digital advertising services to exceed $1,000,000 for the calendar year. However, there is no tax rate for a taxpayer that generates less than $100,000,000 of global revenues from any activity.
For more information regarding digital advertising tax compliance, please contact any member of the Eversheds Sutherland SALT team.