Assns prepare for private equity battle on Hill
- July 18, 2007 |
- khouri
Associations representing the private equity industry, hedge fund managers and real estate are joining with the new Coalition for the Freedom of American Investors and Retirees (CFAIR) to oppose proposals in Congress to alter the tax rate of some private/public investment firms. The new coalition, along with several business associations and private firms, is opposing proposals circulating in Congress that aim to significantly alter the tax rate currently enjoyed by publicly traded partnerships, hedge fund managers and private equity partners. We believe the current treatment of both carried interest and public partnerships is the correct treatment, said Robert… Read More