diff --git a/CHANGELOG.md b/CHANGELOG.md
index bd25533b..103a8489 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 5.34.0 - 2021-06-04
+* [#981](https://github.com/stripe/stripe-ruby/pull/981) API Updates
+  * Add support for `TaxCode` API.
+
 ## 5.33.0 - 2021-05-19
 * [#979](https://github.com/stripe/stripe-ruby/pull/979) Add support for the Identify VerificationSession and VerificationReport APIs
 
diff --git a/VERSION b/VERSION
index fe938e52..04a88321 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-5.33.0
+5.34.0
diff --git a/lib/stripe/version.rb b/lib/stripe/version.rb
index 06bf37fc..bb1ebc3d 100644
--- a/lib/stripe/version.rb
+++ b/lib/stripe/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Stripe
-  VERSION = "5.33.0"
+  VERSION = "5.34.0"
 end