Massachusetts S2004 proposes a tax on digital advertising services for corporations with over $25 million in annual revenue.

Massachusetts S2004 introduces a tax on digital advertising services for corporations earning more than $25 million annually within the state. The tax rate is set at 5% of the corporation's annual revenue from these services. The revenue generated will be divided between the Local Newspaper Trust Fund and the Pre-K and After School Program Trust Fund, with the remaining funds going to the General Fund. The tax applies to services accessed by users with an IP address located within Massachusetts.

Massachusetts S2004 proposes a tax on digital advertising services for corporations with over $25 million in annual revenue.

Massachusetts S2004 introduces a tax on digital advertising services for corporations earning more than $25 million annually within the state. The tax rate is set at 5% of the corporation's annual revenue from these services. The revenue generated will be divided between the Local Newspaper Trust Fund and the Pre-K and After School Program Trust Fund, with the remaining funds going to the General Fund. The tax applies to services accessed by users with an IP address located within Massachusetts.