Under current (post-2017) federal income tax law, long-term capital gain allocated to or realized by a non-corporate recipient of a promote or other performance-based allocation (a "Carried Interest") in the investment...more
The "official" House tax reform bill was released by the House Ways and Means Committee on November 9. For the most part, the provisions summarized in Katten's advisory, "Tax Reform: Hedge Funds/Commodity Funds/Fund...more
11/16/2017
/ Alternative Minimum Tax ,
Carried Interest ,
Commodities ,
Controlled Foreign Corporations ,
Corporate Taxes ,
Deferred Compensation ,
Fund Managers ,
Hedge Funds ,
Pending Legislation ,
Self-Employment Tax ,
Tax Deductions ,
Tax Rates ,
Tax Reform
The Tax Cuts and Jobs Act proposed by the US House of Representatives on November 2 (House Bill) proposes major modifications to employee and partner compensation and benefits-related provisions of the Internal Revenue Code,...more
11/10/2017
/ Carried Interest ,
Corporate Taxes ,
Deferred Compensation ,
Excise Tax ,
Executive Compensation ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Partnerships ,
Pending Legislation ,
Recharacterization ,
Section 409A ,
Tax Exempt Entities ,
Tax Reform ,
Vesting
House Republicans released their draft tax bill on November 2, representing their opening bid in the drive to reach agreement on a comprehensive tax reform bill that can be presented to the House for a vote before the...more
11/9/2017
/ Alternative Minimum Tax ,
Corporate Taxes ,
Deferred Compensation ,
Hedge Funds ,
Income Taxes ,
Investment Funds ,
Investment Management ,
Pass-Through Entities ,
Proposed Legislation ,
Tax Rates ,
Tax Reform
On July 29, Windstream announced that it plans to spin off certain telecommunications network assets into an independent, publicly traded real estate investment trust (REIT). Windstream made the announcement after it obtained...more