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(Photo by Bryan P. Sears/Maryland Matters) One amendment made it clear that affiliated companies would not be subject to the tax — a concern some opponents said could exponentially increase costs. “It ...
By advancing a 3% sales tax on all IT and digital services — a so-called “tech tax” — Maryland policymakers appear to be ignoring what that means. This isn’t a tax on profits. It’s a tax on sales or ...
TOWSON, Md. — Critics call it a "sleep tax". Supporters say, it's a way to keep mattresses out of landfills. A bill that would add a fee to the sale of mattresses in Maryland just got one step closer ...
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It also reflects a broader effort to align Maryland’s tax policies with the realities of today’s digital and service-based economy. A 6.25% tax rate for individuals earning over $500,000 A 6.5 ...
Suzanne Blake is a Newsweek reporter based in New York. Her focus is reporting on consumer and social trends, spanning from retail to restaurants and beyond. She is a graduate of UNC Chapel Hill ...
The Baltimore Banner thanks its sponsors. Become one. In February, Reader testified in favor of a state bill introduced by Maryland Sen. Jeff Waldstreicher that would give a one-time tax credit to ...
In her defense of the proposed new Income Tax Bill 2025, Finance Minister Nirmala Sitharaman remarked that social media and messaging apps, including WhatsApp and Instagram, along with Google Maps, ...
ANNAPOLIS, MD (WBFF) — Maryland lawmakers are facing criticism over a new tax proposal aimed at addressing the state's $3 billion deficit. The proposal includes a three-percent tax on data and ...
they passed the largest tax increase in Maryland history,” Del. Jesse Pippy (Frederick County-R) said. Pippy said a majority of the cuts are not reining in spending, but rather pushing program ...
Union Finance Minister Nirmala Sitharaman defended the new Income Tax Bill, 2025, highlighting digital surveillance in curbing financial fraud. Revealing that WhatsApp messages and Google Maps ...
The state Cybersecurity Association Inc. estimated that about 800 businesses similar to Crosby’s could be affected by a services tax. The Maryland Chamber of Commerce estimates more than 15,000 ...