Business leaders, defense contractors and elected officials gathered at the St. Mary’s County Chamber of Commerce on May 29 to unpack the implications of Maryland’s new 3 percent sales and use tax on information technology (IT) and digital services. The tax, scheduled to take effect July 1, has drawn strong criticism from stakeholders who say it was rushed through Annapolis in the final days of the legislative session and could cause widespread confusion and economic disruption. Attendees argued that the law’s definitions are vague and open to interpretation, leaving companies unsure whether their services fall within taxable categories.
Comptroller’s Office: Comptroller Brooke Lierman issued guidance Wednesday to help businesses preparing for a 3 percent tax set to take effect next month on the sale and use of several informational technology services. To help businesses prepare for the tax hike, the office provided a “technical bulletin” explaining the ins and outs of the sales tax.
