Cryptotax

South Korea confirmed plans to implement a 22% tax on cryptocurrency profits from January 1, 2027, ending years of delays and political debate surrounding digital asset taxation.

Germany is preparing to end its long-standing crypto tax exemption as Finance Minister Lars Klingbeil revives a proposal to tax digital asset gains regardless of holding period.

Steven Horsford said his bipartisan PARITY Act offers a “durable floor” for crypto tax policy as broader legislation stalls in the US Senate.

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.

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.

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.