Tag
#Gavin Newsom
Regulation
California SaaS tax proposal adds new risk for cloud-software stocks
Newsom's bid to tax digital software at 7.25 per cent would reach beyond Sacramento's budget math. For software and AI investors, the question is how much vendors can pass through and how much valuation premium gets shaved by policy risk.
By Sloane Carrington
Regulation
Newsom targets SaaS with proposed 7.25% California software tax
Newsom's plan to tax cloud software sales at 7.25 per cent would widen California's sales tax base and add pricing risk for SaaS vendors.
By Tomás Iglesias
