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Virginia Lawmakers Approve Budget Expanding Sales Tax to Digital Goods Including Streaming Services

  • Virginia lawmakers voted for a budget extending sales tax to digital goods
  • The budget passed with a 62-37 vote in the state House and a 24-14 vote in the state Senate
  • The budget compromise includes taxing business-to-business transactions for software application services
  • The Senate version of the budget faced opposition from major business groups like the Council on State Taxation

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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