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 [...]

Overview of Hedge Fund Taxation The following is a reprint of the Joseph Bankman’s testimony before Congress.  Mr. Bankman is a professor at Stanford Law School.  While the testimony has a bias against the current hedge fund taxation structure, it provides a great overview of hedge fund tax issue, specifically [...]

Below is Subchapter K of the Internal Revenue Code.  Most hedge funds are taxed as partnerships and we discuss some of these provisions from time to time on this website.  Please let us know if you have any questions on hedge fund tax or if you would like to start [...]

Hedge funds are popular vehicles for hedge fund investors because of the manner in which they are taxed.  Hedge funds are usually structured as limited partnerships or limited liability companies.  Such entities by default are taxed as partnerships under Subchapter K of the Internal Revenue Code. The partners in a [...]