Multistate Tax Commission Expands Digital Product Research to Include Emerging Issues

The Multistate Tax Commission has expanded its research project on digital products to include emerging issues such as levies on data collection, digital advertising, social media, prediction markets, and cryptocurrency.

This move comes after several states enacted alternative taxes over the past year, including Illinois, Maryland, and Washington. Staff attorneys with the intergovernmental tax agency acknowledged that technology and tax structures have evolved since the group was formed in 2021 to draft a report on digital products.