{"id":363613,"date":"2026-06-17T01:09:27","date_gmt":"2026-06-17T01:09:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/363613\/"},"modified":"2026-06-17T01:09:27","modified_gmt":"2026-06-17T01:09:27","slug":"california-budget-plan-includes-new-tax-on-cloud-based-software","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/363613\/","title":{"rendered":"California Budget Plan Includes New Tax on Cloud-Based Software"},"content":{"rendered":"<p>Revenue features of California\u2019s fiscal 2027 budget won support in the state Assembly Monday, including a new tax on cloud-based software, adjustments to the state\u2019s tax on healthcare providers, and an extension of the current caps on business tax credits.<\/p>\n<p>The two-bill revenue package also includes Gov. Gavin Newsom\u2019s (D) proposed <a data-terminal-id=\"TFT1L3R24UAF\" href=\"https:\/\/news.bloombergtax.com\/daily-tax-report-state\/democrat-led-states-float-100-tax-on-payouts-from-trumps-fund\" rel=\"nofollow noopener\" target=\"_blank\">100% levy<\/a> on California taxpayers claiming payouts under President Donald Trump\u2019s $1.8 billion \u201canti-weaponization fund,\u201d although it\u2019s unclear if the fund will ever be operational.<\/p>\n<p>The tax provisions reflect revenue proposals folded into a $356 billion <a href=\"https:\/\/sbud.senate.ca.gov\/system\/files\/2026-06\/legislatures-version-of-the-budget-summary.pdf\" rel=\"nofollow noopener\" target=\"_blank\">budget<\/a> agreement reached late last week between Democratic leaders in the Assembly and &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Revenue features of California\u2019s fiscal 2027 budget won support in the state Assembly Monday, including a new tax&hellip;\n","protected":false},"author":2,"featured_media":363614,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8,98125,6807,116123,13438,13437],"class_list":["post-363613","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-california","tag-california-headlines","tag-california-news","tag-cloud-computing","tag-federal-budget","tag-property-subject-to-sales-tax","tag-state-budget","tag-state-tax"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/363613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=363613"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/363613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/363614"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=363613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=363613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=363613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}