New Proposals to Tax Private Equity Profits Across the USA
The topic of private equity profits is one that has occupied lawmakers in the USA for many years. Politicians have always been keen to get hold of a bigger share of these profits and look like they could be getting closer to this goal. A new proposal that has been created by Democratic lawmakers would potentially increase tax rates on so-called carried interest products and also lengthen how long general partners are required to hold an asset before they can...
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