California proposes tax on online software sales – Breaking News & Latest Updates 2026
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Emma Roth
California proposes tax on online software sales.

The state already applies a 7.25 percent tax to software sold in physical stores, and now Governor Gavin Newsom wants to expand this to web-based software sales as well, Bloomberg reports. The proposed tax wouldn’t apply to streaming services and is expected to raise $2 billion annually.

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