Michigan HB4142 establishes a tax on digital advertising services, apportioned to the state.

Michigan HB4142, the "digital advertising services tax act," imposes a tax on annual gross revenues from digital advertising services. The tax rate varies based on the company's global annual gross revenues, ranging from 2.5% to 10%. The tax applies to digital advertising services on a digital interface, including banner, search engine, and interstitial ads. The Michigan Department of Treasury administers the tax, collecting it from companies with at least $1,000,000 in annual gross revenues from digital advertising services in the state.

Michigan HB4142 establishes a tax on digital advertising services, apportioned to the state.

Michigan HB4142, the "digital advertising services tax act," imposes a tax on annual gross revenues from digital advertising services. The tax rate varies based on the company's global annual gross revenues, ranging from 2.5% to 10%. The tax applies to digital advertising services on a digital interface, including banner, search engine, and interstitial ads. The Michigan Department of Treasury administers the tax, collecting it from companies with at least $1,000,000 in annual gross revenues from digital advertising services in the state.