A Maryland state tax court has struck down the state's first-in-the-nation digital advertising tax. In its ruling, the court also ordered state officials to issue refunds for the tax revenue already collected from major technology companies, including Apple, Google, and Peacock TV.
The invalidated levy represented a novel revenue stream for Maryland targeting digital advertising services. The court's decision halts the collection of the tax and mandates the return of previously gathered funds to the affected corporate entities.
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