ArticleMoore Signs Maryland Fiscal 2026 Budget to Impose Tech Tax, Change PTE Rules, Increase Taxation of Top Earners
June 2, 2025
Starting July 1, 2025, Maryland's "tech tax" imposes a 3% sales tax on data and IT services, expanding taxable services in the tech sector. It covers software publishing, data processing, hosting, and more, affecting cloud storage, web hosting, streaming support, and IT consulting.
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