Law
fromBloombergtax
1 week agoUtah Porn and Ad Taxes Would Boost Litigation More Than Revenue
Utah's proposed Targeted Advertising Tax may violate the Internet Tax Freedom Act by taxing electronic commerce advertising.
Case in point, digital advertising costs are about to jump roughly 10% for Washington businesses thanks to a record tax package rammed through the legislature last spring. In total, the new tax package is expected to generate more than $9 billion to prop up state spending in the current budget. Just over one billion will come from extending the retail sales tax to "advertising services" and several high-tech categories (IT support, custom software and website development, security, temporary staffing, and more).