#tax Tech News.
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AISaaStrabout 1 hour ago
California SB 122 Taxes SaaS and AI ToolsCalifornia Governor Gavin Newsom signed SB 122 on June 29, 2026, taxing prewritten software and SaaS starting January 1, 2027. The tax adds 7.25% to 10.75% depending on location, projected to raise $2B annually. Vendors with nexus must register and collect.
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