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1w ago Hedge Fund news.bloombergtax Views: 63

Moshe Biderman, Jonathan R. Collett, Robert Richardt, and Mark Papa of CohnReznick outline the taxpayer-friendly modifications made by the Treasury Department and IRS in the final carried interest regulations released last week. The authors note that the future of this legislation remains unclear, and the Biden administration and a Democratic-controlled Congress may seek to eliminate the tax break for carried interest entirely. -

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