President Obama Proposes Taxing Carried Interest as Ordinary Income Every couple of years there are various proposals floated around congress to tax the hedge fund performance fee (or “carried interest”) as ordinary income (see a previous post on this topic from 2009 here). This week President Obama announced a proposal to [...]
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Posts Tagged ‘ hedge fund carried interest ’
8 April
Posted in
Hedge Fund Structure, hedge fund tax
Hedge Fund Carried Interest Tax Increase?
Legislation Introduced to Eliminate Carried Interest “Loophole” As we are all well aware, the partnership structure of hedge funds allows the management companies of these funds to receive an “allocation” of the fund’s income. Under general partnership taxation principles, this allocation is taxed to the management company (and the other [...]
23 February
Posted in
hedge fund tax
Hedge Fund Taxes May Increase under Obama
Obama to Propos Taxing Hedge Fund Carried Interest Groups such as the New York Times and Daily Finance are reporting that Obama’s proposed fiscal 2010 budget, which will be released tomorrow, will include provisions which will increase taxes for hedge fund managers (and private equity fund managers). Such a provision [...]