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Entries tagged “american jobs and closing loopholes act”

House Passes Changes to Carried Interest Taxation

insights June 10, 2010

On May 28th, the House passed H.R. 4213, the “American Jobs and Closing Tax Loopholes Act.” The Act addresses an array of issues, but has particular signficance for certain partnership and LLC “carried interests” for investment fund managers. If it goes through, the Act would prevent investment fund managers of venture capital, private equity, hedge…

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