Australiatax

Bloomberg's Laura Nahmias joins Scarlet Fu on "Bloomberg Real Yield." Citadel's Ken Griffin reportedly met this week with New York Governor Kathy Hochul after a spat with Mayor Zohran Mamdani that centered on Griffin's $238 million Manhattan penthouse.

Prime Minister Anthony Albanese has downplayed mounting speculation about changes to negative gearing and capital gains tax ahead of the May 12 federal budget, describing recent media reporting as “all wrong”.

Treasurer Jim Chalmers has indicated that any upcoming reforms to negative gearing and capital gains tax (CGT) will likely include safeguards for existing asset holders.

Daniel Werfel, former Commissioner of the US Internal Revenue Service, joined Caroline Hepker and Lizzy Burden on Bloomberg Radio as the UK's tax authority undertakes a major digital overhaul. HMRC is aiming to move most customer interactions online by 2030, while updating legacy systems and exploring the use of AI. Werfel, now with Public Digital, which is advising HMRC, discussed the challenges of delivering large-scale government transformation, as well as concerns around AI, data protection and the security of sensitive public sector systems.

A significant fiscal divide has emerged between domestic lenders and global technology giants, according to a pre‑budget report released today by the Australian Banking Association (ABA).

Michael Bologna, Bloomberg Industry Group senior tax correspondent, joins Scarlet Fu on "Bloomberg Real Yield." Democrats around the country are pushing forward on plans to tax the rich moves that are supportive for the tax-exempt municipal-bond market.

Prediction markets like Kalshi and Polymarket are booming. They also face a widening legal battle with US states and criticism over alleged user insider trading. Here's how they got so controversial.

Brent Sullivan, tax analyst at Tax Alpha Insider, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas "Bloomberg ETF IQ." They discuss 351 ETF Exchanges, which is when an investor see's a new fund with appreciated securities with an aim to avoid or lesson capital gain taxes.

This is the year AI has come for tax prep. Interviews with tax professionals suggest that artificial intelligence has finally improved to the point where it at least seems capable of navigating the US tax system as leading developers release more features for financial services. Bloomberg's Charlie Wells reports.

This is the year AI has come for tax prep. Interviews with tax professionals suggest that artificial intelligence has finally improved to the point where it at least seems capable of navigating the US tax system as leading developers release more features for financial services. Bloomberg's Charlie Wells reports.