California Is Taxing SaaS and AI Tools and Is About to Make Your Software 8-10% More Expensive. Here’s What SB 122 Does to Buyers and Vendors
California Governor Gavin Newsom signed SB 122 on June 29, 2026, extending the state's sales and use tax to prewritten software and SaaS effective January 1, 2027, adding an estimated 8-10% cost for m…