The "carried-interest" tax loophole is a provision that seems to be loved only by those who enjoy its benefits: Private-equity executives, hedge fund managers and others who manage money for a living.
Carried interest is a profit share accruing to investment fund managers, incentivising them to maximise returns for investors in the fund. Carried interest, or carry, is a financial arrangement ...
Tucked away in the Biden administration's proposed budget for the federal government for fiscal year 2023 — among more headline-grabbing ideas, such as a minimum 20% tax on high net worth individuals ...
After a deal with Krysten Sinema, the new Inflation Reduction Act will not close a controversial tax loophole for those in private equity and hedge funds. Closing that loophole would have had a ...
The lower tax rate for carried interest, which largely benefits equity fund managers but also partnerships that own commercial real estate, might be at risk of disappearing under a Biden ...
“Carried interest” is extraordinarily misleading. It implies a fixed and very certain income stream in the way that interest bearing accounts at banks do. Which is the problem. Carried interest is the ...
(Bloomberg) -- The path was nearly cleared for one of the cornerstones of President Joe Biden’s domestic agenda after Democrats agreed on a revised version of their tax and climate bill. But it came ...
EXCLUSIVE — Sen. Tammy Baldwin (D-WI) filed an amendment Monday during a marathon voting session on President Donald Trump’s tax cut and spending bill to close the carried interest “loophole” for ...
This article is more than 6 years old. Imagine a private equity investment fund with a standard “two and twenty” arrangement whereby the manager receives an annual fee equal to 2.0% of the capital ...
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