Secured use of overpayments as periodic offsets against audit liability findings, nearly eliminating liability and reducing related interest on net tax resulting.
Nonprofit Organization
- Newly taxable: Pursuant to SB 122, effective 1/1/27, prewritten software becomes subject to California sales and use tax regardless of whether it is:
- Delivered on physical media
- Downloaded electronically
- Accessed remotely
- Provided as SaaS
- Classification: Covered digital products are treated as tangible personal property for sales and use tax purposes.
- Custom software: Software prepared to the special order of a customer remains exempt, including qualifying custom programs incorporating preexisting components.
- Other digital goods: The law is principally directed at prewritten software and SaaS. Many consumer digital products, such as streaming media, digital books, music, and similar content, are ...
