Carried Interests Taxed as Capital Gain? It’s Poetry
- Monday, March 5, 2012, 4:35
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Should wealthy private equity and hedge fund managers get capital gain rates on their carried interests? Under current tax law, they clearly do. As the New York Times notes, what is ordinary income and what is capital gain is not always obvious. See Capital Gains, Ordinary Income and Shades of Gray.
http://www.forbes.com/sites/robertwood/2012/03/04/carried-interests-taxed-as-capital-gain-its-poetry/
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