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Newsom proposes 7.25% tax on web-based software sales
California Governor Gavin Newsom proposes a 7.25% tax on web-based software sales, targeting $1.1 billion in state and local revenue in the upcoming budget year.
Bloomberg: California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year — California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions …
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