This bill imposes a tax on targeted advertising in the state.
This bill:
- defines terms;
- imposes an annual tax on entities that deliver targeted advertising in Utah and meet certain revenue thresholds, based on the entity's gross receipts from targeted advertising in the state;
- requires entities subject to the tax to annually remit a return to the State Tax Commission that includes information related to the tax;
- provides for administration and collection of the tax by the State Tax Commission;
- provides rulemaking authority to the State Tax Commission for administration of the tax;
- establishes the Targeted Advertising Restricted Account (restricted account) for the deposit of tax revenue;
- provides for the use of money deposited into the restricted account; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 59-1-306