Business-to-Business Tax on The Table as Legislators Continue to Seek Solutions for the State’s Budget Deficit
Maryland legislators are considering a proposed bill to expand the state’s sales tax to certain business-to-business services, a measure that could generate approximately $1 billion in revenue, according to House bill sponsor Delegate David Moon (D). The proposed 2.5% tax, also cross-filed in the Senate by Senator Shelly Hettleman (D-Baltimore County), would apply to services [...]