AI Boom Not Enough: California Plans Digital Tax on Cloud Software (heise.de)

• California proposes digital tax on cloud software and AI
• Targets firms with over $500M global revenue
• Industry criticizes plan as anti-innovation

"California is planning a new digital tax on cloud software and AI services to secure its budget surplus. Governor Gavin Newsom targets tech giants like Microsoft and Salesforce. The levy could be implemented from 2027 and applies to companies with global revenues above $500 million. The industry warns of negative impacts on innovation and competitive advantage."