Tag: ‘private equity funds’

Why the IRS Should be Taxing the Profits of Private Equity Funds as Ordinary Income

By :: February 4th, 2013

For years, the battle over carried interest has focused on how to tax the compensation of private equity managers. But a careful reading of ┬áthe law suggests that all the business profits of these investment firms, not just the pay of their managers, are ordinary income, and should be taxed that way. Until now, the […]

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