Massachusetts H3089 proposes a tax on digital advertising services to fund early education and local newspapers.

Massachusetts H3089 introduces a tax on digital advertising services, targeting corporations or companies with over $25 million in annual revenue from such services within the state. The tax rate is set at 5% of the corporation's or company's annual revenue from digital advertising services. The revenue generated will be split between the Local Newspaper Trust Fund and the Pre-K and After School Program Trust Fund, with 15% going to the former and 85% to the latter.

Massachusetts H3089 proposes a tax on digital advertising services to fund early education and local newspapers.

Massachusetts H3089 introduces a tax on digital advertising services, targeting corporations or companies with over $25 million in annual revenue from such services within the state. The tax rate is set at 5% of the corporation's or company's annual revenue from digital advertising services. The revenue generated will be split between the Local Newspaper Trust Fund and the Pre-K and After School Program Trust Fund, with 15% going to the former and 85% to the latter.