Tax Planning, Carried Interest, U.S. Treasury

REIT Tax News - March 2025

DLA Piper on 3/24/2025

Welcome to the March 2025 issue of REIT Tax News. Below, we summarize five key developments impacting REITs this past quarter. Carried interest favorable taxation may be in jeopardy - On February 6, 2025, President Donald...more

Trump May Revive Effort to Close Carried Interest Loophole

Fox Rothschild LLP on 2/14/2025

President Trump is meeting with Republican lawmakers to discuss potential tax code changes, including a proposal to eliminate the carried interest tax break. White House Press Secretary Karoline Leavitt announced the...more

President Trump Seeks to End Carried Interest Tax Preference

Dorsey & Whitney LLP on 2/10/2025

President Trump met with Republican lawmakers on Thursday, February 6, 2025, to outline his tax priorities, including extending the 2017 tax cuts and expanding the state and local tax deduction. Also included among the...more

IRS Issues Final Regulations on Carried Interests

Morgan Lewis on 1/20/2021

The Internal Revenue Service and the US Department of the Treasury pre-released final regulations, T.D. 9945, under Section 1061 on January 7, providing guidance to the holders of certain carried interests. These rules are of...more

Long-Awaited Treasury Regulations Address the Application of Section 1061 to Carried Interests

Herbert Smith Freehills Kramer on 8/20/2020

On July 31, the Department of the Treasury (Treasury) and the Internal Revenue Service (the Service) issued proposed regulations (REGS-107213-18) (Proposed Regulations) governing the treatment of “carried interests” (also...more

Treasury Releases Final Regulations On Qualified Opportunity Zone Program

Ballard Spahr LLP on 1/15/2020

The U.S. Department of Treasury published Final Regulations for the Qualified Opportunity Zone (QOZ) program on January 13, 2020, which answer many, but not all, of the questions arising from the Proposed Regulations released...more