Bill
HD 1130
Overview: HD 1130 - An Act relative to taxation of digital advertising servicesPurpose and Intent: The main goal of this bill is to establish a new tax on the revenues generated fr
Overview: HD 1130 - An Act relative to taxation of digital advertising services
Purpose and Intent: The main goal of this bill is to establish a new tax on the revenues generated from digital advertising services within the state of Massachusetts. The intent is to generate additional tax revenue that can be used to fund various state programs and initiatives.
Key Provisions:
- Imposes a 5% tax on the annual gross revenues derived from digital advertising services provided to customers in Massachusetts
- Defines "digital advertising services" as advertising on a digital interface, including websites, mobile applications, and online platforms
- Requires companies providing digital advertising services to register with the state and remit the applicable tax payments
- Directs the revenue generated from the digital advertising tax to be deposited into the state's general fund
Affected Parties and Impacts: This bill would primarily impact companies that derive significant revenues from providing digital advertising services to customers located in Massachusetts. These companies would be responsible for registering, collecting, and remitting the new tax. The additional tax burden could potentially be passed on to advertisers and consumers.
Procedural and Timeline Considerations: This bill has been introduced in the Massachusetts legislature and is currently in the early stages of the legislative process. If enacted, the state would need to establish the necessary administrative and enforcement mechanisms to implement the new digital advertising tax.
Compiled from official sources — confirm details with the bill’s official record.
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