On July 4, 2025, President Donald Trump signed H.R. 1 into law, the budget reconciliation bill known as the One Big Beautiful Bill Act (the Act). As discussed in our prior alert following the passage by the House of...more
7/16/2025
/ Capital Gains Tax ,
Carried Interest Tax Rates ,
Internal Revenue Code (IRC) ,
IRS ,
New Legislation ,
One Big Beautiful Bill Act ,
Portfolio Companies ,
Private Equity Funds ,
Tax Deductions ,
Tax Reform ,
Tax Relief ,
Taxation ,
Trump Administration