Montana SB192 proposes a tax on digital advertising services with worldwide annual gross revenue of $25 million or more.

Montana SB192 introduces a tax on digital advertising services with worldwide annual gross revenue of $25 million or more. The tax applies to annual gross revenue derived from digital advertising services in the state. A tax rate of 10% is imposed on the assessable base, which is determined using an apportionment fraction. The bill outlines procedures for filing returns, making payments, and conducting audits. It also specifies penalties for failure to file or pay the tax and mandates that all collected tax revenue be deposited in the general fund.

Montana SB192 proposes a tax on digital advertising services with worldwide annual gross revenue of $25 million or more.

Montana SB192 introduces a tax on digital advertising services with worldwide annual gross revenue of $25 million or more. The tax applies to annual gross revenue derived from digital advertising services in the state. A tax rate of 10% is imposed on the assessable base, which is determined using an apportionment fraction. The bill outlines procedures for filing returns, making payments, and conducting audits. It also specifies penalties for failure to file or pay the tax and mandates that all collected tax revenue be deposited in the general fund.