TITLE

Carried Interest: Is it Really Back in Play?

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
February 2011
SOURCE
Mergers & Acquisitions Report;2/21/2011, Vol. 24 Issue 8, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that carried interest and private equity remain in the plan of the administration of U.S. President Barack Obama despite not being mentioned in the 2012 budget proposal. Treasury Secretary Tim Geithner said in a written testimony that the budget calls for reform to fill close the loophole that allows some to pay tax at lower capital gains rates. The goal behind the proposal is to cut budget deficit by 50% by 2013.
ACCESSION #
58603463

 

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