Skip to main content

Understand. Power. Act.

The Library

New

Every story we've collected, grouped by story. Search it, filter it, go deep.

Commerce Outlet:Bloomberg Tax News Clear all

11 articles, grouped into stories

California Sets Rounding Rules for Retailers Post-Penny PhaseoutCalifornia Gov. Gavin Newsom (D) signed Wednesday legislation establishing statewide rules for retailers to round cash transactions to the nearest nickel as businesses adjust to the penny phaseout.

Bloomberg Tax News5d agoWhole story →

Economy Gavin Newsom HR 10167 california common cents act signing

California Cracks Down on Montana-Plated Vehicles as Tax DodgeCalifornia revenue officials will gain new authority to pursue residents behind the shell companies used to dodge sales taxes and fees on cars, trucks, boats, and aircraft under legislation signed Wednesday by Gov. Gavin Newsom (D).

Bloomberg Tax News5d agoWhole story →

Economy Gavin Newsom california tax loophole closure

PACE Loan Industry Gets Rough Questions Over Biden-Era CFPB RuleA Biden-era Consumer Financial Protection Bureau rule applying mortgage-like disclosure requirements to state-backed energy efficiency loans appeared safe after a federal appeals court appeared skeptical of industry arguments seeking to overturn it.

Bloomberg Tax News5d agoWhole story →

Build cfpb rule appeal

Penny Rounding Bill Heads to Trump as Retailers See ShortagesLegislation creating a national standard for rounding cash transactions to the nearest nickel won approval in the Senate and now heads to President Donald Trump for his signature.

Bloomberg Tax News6d agoWhole story →

Economy HR 10167 penny rounding bill passage

California Enacts Omnibus Housing Legislation, Includes Tax Related ProvisionsThe California Governor signed a Housing omnibus bill. The law includes making conforming changes to provisions in federal H.R. 1, also known as the One Big Beautiful Bill Act, concerning ...

Bloomberg Tax News11d agoWhole story →

Economy HR 1 california housing bill signing

IRS Publishes Notice Requesting Comments for Opportunity Zone Implementation Following OBBBA AmendmentsThe IRS published a notice requesting additional comments on guidance under I.R.C. §1400Z-2 following amendments to the qualified opportunity zone rules made by the One Big Beautiful Bill Act (OBBBA). ...

Bloomberg Tax News12d agoWhole story →

Economy opportunity zone rule update

IRS Issues Revenue Ruling on Applicable Federal Rates for October 2026The IRS issued a revenue ruling providing prescribed federal rates for October 2026. The ruling provides the short-, mid-, and long-term applicable federal rates under I.R.C. §1274, including annual AFRs ...

Bloomberg Tax News17d agoWhole story →

Economy irs revenue ruling

House GOP Nixes Gas Tax Holiday Vote After Intraparty DiscordThe House won’t vote on a bill to suspend the gas tax this week because “a big cross section of members” disagree on how best to address the high cost of fuel, Speaker Mike Johnson told Bloomberg Government on Wednesday.

Bloomberg Tax News19d agoWhole story →

Economy Mike Johnson gas tax holiday vote

The Hedge Fund Veteran Betting Big on the Politics of AbundanceLess than two days before a decision on the most significant US housing legislation in decades, Derek Kaufman resisted celebrating. Steeped in minutiae, he’d worked behind the scenes to help get the bill through Congress. Now he was repeatedly refreshing his news feed to see if President Donald Trump would sign it, veto it or simply allow it to become…

Bloomberg Tax News21d agoWhole story →

Security housing legislation deadline

Film Tax Credit Idea Backed by Trump Spurs Bipartisan House BillHouse tax writers plan to drop a bill next week that would introduce a federal film and television tax incentive after President Donald Trump publicly called for such a measure last month.

Bloomberg Tax News25d agoWhole story →

Economy film tax credit bill introduction

NYC Pied-a-Terre Tax Reignites Fight to Overhaul Property TaxesNew York City’s tax on luxury second homes is giving city lawmakers new leverage to pursue an overhaul of its property tax system that elected officials acknowledge is outdated, but are loath to take up.

Bloomberg Tax News27d agoWhole story →

Economy nyc property tax overhaul