
California Governor Newsom Proposes New Software Tax in Budget
California Governor Gavin Newsom has proposed a new tax targeting digital software and cloud-based sales as part of his final budget proposal. The initiative aims to raise billions in new revenue for the state.
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Newsom outlines his final budget proposal with no deficit, new major spending - AP News
Newsom outlines his final budget proposal with no deficit, new major spending AP News
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Read full article →Gavin Newsom proposes a California digital software tax
California Gov. Gavin Newsom said the state's current treatment of prewritten software is unfair to those who are already paying sales taxes. Jeff Chiu/AP California Gov. Gavin Newsom wants to ensure that the state's sale tax applies to digital software. Newsom said it isn't fair that someone has to pay sales tax for an in-person purchase but not for a download. If passed, the tax could be another blow to already reeling software and SaaS companies. California could deliver a big blow to al...
Read full article →Newsom outlines his final budget proposal with no deficit, new major spending
California Gov. Gavin Newsom unveiled his final budget proposal Thursday
By By Trân Nguyễn
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