New tech tax targets an industry Maryland wants to grow
1 Articles
1 Articles
New tech tax targets an industry Maryland wants to grow
The following column appears in the May issue of The Business Monthly, serving Howard and Anne Arundel counties. I got a phone call from an old friend in the tech industry a week before the legislature closed up shop April 7. He wanted to know if the proposed 3% tax on IT services was a “done deal.” My friend had already contacted his local lawmakers to oppose this new tax. He said all he got were routine non-committal acknowledgements. He wante…
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