The proposal would likely affect large software vendors such as Microsoft Corp., Salesforce Inc. and Oracle Corp., as well as the growing AI software industry.

Mayor Brandon Johnson’s administration has been hunting frantically for politically palatable tax hikes to replace the $300 million property tax increase Chicago aldermen rejected unanimously last ...

While the prominence of cloud computing for tax pro solutions has risen dramatically, there is an increasing awareness of its limitations. In response, many IT decision makers are exploring edge ...

Gov. Gavin Newsom is going after Silicon Valley with a sweeping proposal to expand the state’s sales tax into cloud software, ...

Governor Newsom wants to secure the budget surplus and is targeting tech giants like Microsoft, Salesforce, and the AI industry with a new digital tax.