States to explore digital taxes despite tax lawsuits, Attys says

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Law360 (May 10, 2021, 7:07 p.m. EDT) – Ongoing court challenges against Maryland’s first digital advertising tax are unlikely to deter lawmakers in other states from exploring other innovative methods of taxing the digital economy, the tax, practitioners said Monday.

Even as lawsuits by large tech and telecom companies seek to prevent Maryland’s digital advertising tax from coming into effect, lawmakers elsewhere are likely to push ahead with new measures to raise tax revenue from consumers. large online companies, panelists said at the May virtual meeting of the American Bar Association’s tax section. .

“I think some form of taxation of the digital economy is inevitable,” said Michael Semes, lawyer at BakerHostetler and a …

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