Technology

Maryland Seeks Carveouts on Tech Sales Tax to Avoid Job Loss

Maryland lawmakers are considering legislation to spare business inputs from the state’s new 3% tax on data and information technology services, addressing a chief complaint from the business community over repeat taxation.

Bloomberg Tax News ·

Maryland Comptroller Adopts Amendments to Sales, Use Tax Regulations

The Maryland Comptroller adopted amendments to the sales and use tax regulations, including provisions on data and information technology services, software publishing services, and multiple points-of-use certificates. The regulations implement ...

Bloomberg Tax News ·

IonQ’s $1.8B SkyWater Deal Signals a Quantum Leap in U.S. Chip Control

IonQ’s $1.8B SkyWater Deal is set to reshape the quantum computing supply chain, as the Maryland-based quantum technology firm moves to acquire U.S. semiconductor manufacturer SkyWater Technology in a cash-and-stock transaction valued at roughly $1.8 billion. The agreement, announced Monday, positions IonQ to bring critical chipmaking capabilities closer to home, tightening its grip on the IonQ’s $1.8B SkyWater Deal brings chipmaking in house to secure U.S. quantum supply chains.

USA Herald ·

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