Maryland's Tax Rules Get a Makeover: What You Need to Know

Maryland is shaking things up with some new tax rules. The Comptroller's office has suggested changes to how sales and use taxes work. This isn't just about adding a few new rules. It's a big update that covers a lot of ground. First off, they're tweaking how data and IT services are taxed. This is a big deal because so much of our lives now depend on technology. The changes also affect software publishing. If you're a vendor or a buyer, you'll want to pay attention. The rules are getting clearer on who needs to collect tax and who needs to pay it. One of the biggest changes is about something called "multiple points-of-use certificates. " These are important for businesses that operate in more than one location. The new rules will make it easier to understand how to handle taxes in these situations.The Comptroller's office is also clarifying how taxes should be divided up between different states. This is known as apportionment. It's a complex issue, but the new rules aim to make it simpler. Another key part of the changes is about keeping records. Businesses will need to keep track of certain information to make sure they're following the rules. This might seem like a hassle, but it's important for staying on the right side of the law. The Comptroller's office is accepting comments on these changes until January 26, 2026. This is a chance for businesses and individuals to have their say. It's important to speak up now because these rules will affect everyone.