TITLE

Senate Seeks to Cushion Carried Interest Blow

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
June 2010
SOURCE
Mergers & Acquisitions Report;6/14/2010, Vol. 23 Issue 24, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Montana Senator Max Baucus, chairman of the U.S. Senate Finance Committee, is planning to add a measure that will soften the impact of the carried interest tax bill on the private equity and venture capital industries. It relates how the House version of the bill and the Senate version of the bill differs in terms of the percentage of carried interest that would be treated as ordinary income. It outlines the amount that may be reduced in annual private equity investment due to the bill.
ACCESSION #
51472943

 

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