Establishes a tax on annual gross revenue derived from digital ads.

New York A07805 amends the tax law to impose a tax on annual gross revenues derived from digital advertising services in the state. The tax is apportioned based on a fraction determined by including only those receipts from digital advertising services in New York and the United States. The tax rate is seven percent of the assessable base for entities with annual gross revenues exceeding one hundred million dollars. The bill defines "digital advertising services" to include banner, search engine, and interstitial advertising, among others, that use personal information.

Establishes a tax on annual gross revenue derived from digital ads.

New York A07805 amends the tax law to impose a tax on annual gross revenues derived from digital advertising services in the state. The tax is apportioned based on a fraction determined by including only those receipts from digital advertising services in New York and the United States. The tax rate is seven percent of the assessable base for entities with annual gross revenues exceeding one hundred million dollars. The bill defines "digital advertising services" to include banner, search engine, and interstitial advertising, among others, that use personal information.