Hedge funds are usually established as Delaware limited liability companies (LLC) or Delaware limited partnerships (LP). In addition to providing investors with a certain amount of liability protection (generally to the extent of their investment), these vehicles are also more tax efficient than other structures like corporations because LLCs and [...]
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Posts Tagged ‘ taxation ’
15 September
Posted in
Hedge Fund Structure, new hedge fund regulations
Congress Targets Aggressive Tax Positions by Offshore Hedge Funds
After my first year of law school I was a legal intern for a company which sold products to lawyers. The CEO was a former tax attorney and on multiple occasions told me with pride that “tax attorneys are the brain surgeons of the law.” Whatever he meant by that, [...]