Notification of Upcoming Tax Changes – Maryland Economic Development Association (MEDA)
New 3% Sales and Use Tax on Data and IT Services
Effective July 1, 2025, a 3% sales and use tax will be applied to a wide range of digital and information technology services, including cloud computing, hosting, and custom software development. These services fall under NAICS codes 518, 519, 5415, and 5132 (2022 definition.
Technical Bulletin 56 Proposed Emergency Regulations Certain businesses, such as cybersecurity firms and qualified Univers…
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Notification of Upcoming Tax Changes – Maryland Economic Development Association (MEDA)
New 3% Sales and Use Tax on Data and IT Services Effective July 1, 2025, a 3% sales and use tax will be applied to a wide range of digital and information technology services, including cloud computing, hosting, and custom software development. These services fall under NAICS codes 518, 519, 5415, and 5132 (2022 definition. Technical Bulletin 56 Proposed Emergency Regulations Certain businesses, such as cybersecurity firms and qualified Univers…
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