United States of America: Introduced House Bill 3081 including tax on local revenues from digital advertising

On 29 March 2021, the Act establishing a tax on local revenues from digital advertising (HB 3081) is introduced in the Massachusetts legislature. The Bill aims to introduce a tax on the revenues obtained by companies through digital advertising and proposes different rates based on the revenue threshold. The tax rate is adjusted to the gross revenue from digital advertising: The tax rate is 5% for companies with gross revenue between USD 50 million and 100 million, 10% for companies with a revenue between USD 100 million and 200 million and 15% if the revenues exceed USD 200 million.