Posted inState Government

Initial returns on IT and data sales tax falling short of estimates, as state grapples with budget

A controversial sales tax on IT services that was approved last year is not filling state coffers as expected. The 3% sales tax on business-to-business IT and data services was expected to generate $500 million, but initial numbers reviewed by Maryland Matters show collection is off by as much as 90%. The fiscal 2027 Maryland State […]

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