Abstract
The author first observes that, in recent years, hedge funds have enjoyed a significant increase in capital investment. This fact, along with the considerable media attention paid to certain high-profile transactions involving hedge funds and the perception that the compensation paid to hedge fund managers enjoys particularly favorable tax treatment, has led Congress to address many issues that affect hedge funds. The purpose of this article is to highlight some of these issues with an emphasis on how recent and proposed tax changes will affect U.S. individual investors as well as hedge fund managers. In particular, it discusses pending legislation that will increase the tax burden of hedge funds organized as publicly traded partnerships and examine how new Internal Revenue Code sections and proposed legislation will increase the tax burden imposed on hedge fund manager compensation and investor profits. <b>TOPICS:</b>Real assets/alternative investments/private equity, legal/regulatory/public policy
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.