TechThe Next Webabout 4 hours ago
California taxes downloaded software in $351.7B budget
1 min read
California will extend sales tax to prewritten software downloaded from the web, raising $900 million for the state and $1.1 billion for local governments annually starting in fiscal year 2028. The $351.7 billion budget also places a November ballot measure allowing the state to save more from revenue spikes like AI IPOs.
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