Bloomberg Tax
Tax Insights

Featured Story

Trump’s False Records Case Teeters on a Fragile Tax Platform

To secure a conviction against former President Donald Trump, the Manhattan district attorney must prove Trump’s personal involvement in a scheme where alleged tax fraud is subject to debate, says ASE Tax Policy & Administration‘s Andrew Sidamon-Eristoff.

Insights

Despite Disney’s Legal Moves, DeSantis Land Board Wields Power

Disney puts itself in a position of strength by entering long-term contracts that limited the influence of a land board appointed by Gov. Ron DeSantis. But the new board still has plenty of power to regulate, control, and disrupt Disney World, says Florida attorney Jacob Schumer.

FASB’s New Crypto Proposal Is a Step in the Right Direction

The Financial Accounting Standards Board’s recently released proposed guidance aims to “improve the accounting for and disclosure of certain crypto assets,” but there are still several unanswered questions, say Nik Fahrer and Anne Coughlan of FORVIS.

Commentary

Boric’s Tax Policy for Chile May Be His Legacy or His Failure

After President Gabriel Boric’s comprehensive tax reforms were rejected in the Chilean Congress, Ignacio Gepp of Puente Sur discusses whether the government may take a more pragmatic approach to reform going forward to provide much-needed tax revenue.

Racial Bias in the Tax Code Needs More Transparent Research

Congress has an oversight responsibility when it comes to tax programs in the US tax code. Taxpayers and voters are entitled to transparency when it comes to entitlement programs, says American University tax professor Caroline Bruckner.

Latest Newsletter

Columnists

Big Four Auditors and Consultants Need Liability—And a Divorce

The collapses of Silicon Valley Bank and Signature Bank, and the near miss at First Republic Bank, didn’t stem from a single issue and don’t have simple solutions. A not-so-simple solution, however, is to hold firms liable for faulty audits and to ban consulting with and auditing the same client—full stop.

Feminist Economists From Africa Challenge Tax System Gender Bias

A recent study of 16 African nations’ tax systems concluded there was little concern for reducing gender inequality. Those who drive a broad gender justice agenda and those who advance the gender tax agenda may find common ground in analogous struggles—for US civil rights and for African anti-colonial independence.

Spotlight

Career Moves