The article reports on the alternatives considered by general partners (GPs) to sidestep the legislation on carried interest tax hike. It keys out the possibilities that GPs are taking into to change the way they deal with their limiteds such as the creation of capital gains and to move to ...
The budget also reconfigured the much-talked-about tax on carried interest — the share of profits that private equity managers get to keep when they exit investments — which DD wrote about earlierthis week. The tax on carried interest will go from 28 per cent to 32 per cent in April. A...