|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 05, 2022||referred to budget and revenue|
|Jan 07, 2021||referred to budget and revenue|
senate Bill S1124
Archive: Last Bill Status - In Senate Committee Budget And Revenue Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1124 (ACTIVE) - Details
- Current Committee:
- Senate Budget And Revenue
- Law Section:
- Tax Law
- Laws Affected:
- Add Art 15 §§330 - 333, §1816, Tax L
- Versions Introduced in Other Legislative Sessions:
S1124 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1124 SPONSOR: GIANARIS TITLE OF BILL: An act to amend the tax law, in relation to establishing a tax on digital ads PURPOSE: To establish a tax on digital ads for persons with global annual gross revenues of one hundred million dollars or more. SUMMARY OF PROVISIONS: Section one is the title. Section two amends the tax law by adding a new article 15, which sets for definitions and describes the conditions for imposition of the tax, returns, and tax payment.
S1124 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1124 2021-2022 Regular Sessions I N S E N A T E January 7, 2021 ___________ Introduced by Sen. GIANARIS -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to establishing a tax on digital ads THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "digital ad tax act (DATA)". § 2. The tax law is amended by adding a new article 15 to read as follows: ARTICLE 15 TAX ON DIGITAL ADS SECTION 330. DEFINITIONS. 331. IMPOSITION OF TAX. 332. RETURNS. 333. TAX PAYMENT. § 330. DEFINITIONS. AS USED IN THIS ARTICLE, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: 1. THE TERM "ANNUAL GROSS REVENUES" MEANS INCOME OR REVENUE FROM ALL SOURCES IN NEW YORK STATE, BEFORE ANY EXPENSES OR TAXES, COMPUTED ACCORDING TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. 2. THE TERM "ASSESSABLE BASE" MEANS THE ANNUAL GROSS REVENUES DERIVED FROM DIGITAL ADVERTISING SERVICES IN THE STATE. 3. THE TERM "DIGITAL ADVERTISING SERVICES" INCLUDES ADVERTISEMENT SERVICES ON A DIGITAL INTERFACE, INCLUDING ADVERTISEMENTS IN THE FORM OF BANNER ADVERTISING, SEARCH ENGINE ADVERTISING, INTERSTITIAL ADVERTISING, AND OTHER COMPARABLE ADVERTISING SERVICES, THAT USE PERSONAL INFORMATION ABOUT THE PEOPLE THE ADS ARE BEING SERVED TO. 4. THE TERM "DIGITAL INTERFACE" MEANS ANY TYPE OF SOFTWARE, INCLUDING A WEBSITE, PART OF A WEBSITE, OR APPLICATION, THAT A USER IS ABLE TO ACCESS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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