Maryland Tax Court Rejects Digital Ad Tax, Orders Refunds to Tech Giants

A Maryland tax court has made a significant ruling in favor of Apple, Google, and Peacock TV. The court has voided the state's digital advertising tax, ordering refunds to be issued to the tech giants.

The decision comes after a series of legal battles over the tax, which was enacted by the Maryland General Assembly in 2020. The tax targets companies that make more than $10 million in annual gross revenues from digital ads in the state.

The court's ruling has been welcomed by Apple and Google, which have long argued that the tax is unconstitutional. Peacock TV, a streaming service owned by NBCUniversal, also challenged the tax in court.