Tax
May 26, 2010
Investors May Soon Face Higher Taxes
Change is imminent for lawyers who structure private investments on behalf of millions of clients. That's because Congressional approval of House Resolution 4213, the American Jobs and Closing Tax Loopholes Act of 2010, could come this week.
Daily Journal Staff Writer
Change is imminent for lawyers who structure private investments on behalf of millions of clients.
That's because Congressional approval of House Resolution 4213, the American Jobs and Closing Tax Loopholes Act of 2010, could come this week. Included in the diverse package of regulations is a provision that doubles the tax on carried interest in investment partnerships, which numb...
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