California
Q2 2026 State Corporate Tax Update: OB3 Conformity, Rate Reductions, and Key Court Decisions
This edition of our state and local tax updates covers the second quarter of 2026, dominated by states responding to conformity with the federal “One Big Beautiful Bill” (OB3) legislation.…
Read MoreSB 122 Is Not Just a Sales Tax Story: What California’s New Law Means for Income Tax Nexus
Our earlier piece on SB 122 covered the sales tax side of California’s new SaaS tax: starting January 1, 2027, the law requires many software sellers to register, collect, and…
Read MoreCalifornia SaaS Sales Tax 2027: A Compliance Checklist for Sellers and Buyers
Starting January 1, 2027, California will tax prewritten software no matter how it’s delivered – ending the exemption that SaaS, downloaded software, and cloud-based access have relied on for years.…
Read MoreCalifornia Will Tax SaaS Starting 2027: What SB 122 Means for Sellers and Buyers
California has been one of the more favorable states for software transactions when it comes to sales tax. Prewritten software delivered on tangible media has long been taxable, but software…
Read MoreCalifornia Court Opens the Door to Three-Factor Apportionment for Capital-Intensive Businesses
In a decision that could reshape how multistate companies apportion income to California, the Los Angeles County Superior Court ruled in Smithfield Packaged Meats Corp. v. California Franchise Tax Board…
Read MoreKBF Sales and Use Tax Newsletter – 4th Quarter 2024
Here are recent court rulings, legislation, and administrative changes that have significantly impacted sales tax landscapes across the country. California extended the sales and use tax filing deadline for businesses…
Read MoreCalifornia Wildfire Relief: Tax Filing and Payment Deadlines Extended
In response to the devastation caused by recent wildfires, various tax agencies have implemented filing and payment extensions to support affected individuals and businesses in Los Angeles County. This relief…
Read MoreKBF Sales and Use Tax Newsletter – 3rd Quarter 2023
KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. This edition provides the latest information on the tax status of remote…
Read MoreKBF Sales and Use Tax Newsletter – 2nd Quarter 2023
KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. This edition includes crucial updates on economic nexus standards and thresholds for…
Read MoreKBF Sales and Use Tax Newsletter – 1st Quarter 2023
KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. This edition includes important rulings in taxable software services and digital goods,…
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