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California Budget Plan Includes New Tax on Cloud-Based Software

Michael J. Bologna

12d ago· 1 min readNews

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bskyCalifornia Budget Plan Includes New Tax on Cloud-Based Softwarenews.bloombergtax.com

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Revenue features of California’s fiscal 2027 budget won support in the state Assembly Monday, including a new tax on cloud-based software, adjustments to the state’s tax on healthcare providers, and an extension of the current caps on business tax credits

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