... [Notice 2011-34 FATCA] guidance comes in the form of another voluminous notice... which, in addition... Notice 2010-60, comes to a... possible 100-150 page proposed regulation, counting the preamble. It seems paradoxical... when everybody is talking... Read More
Budget & Taxes RISKY PENSION INVESTMENTS NOT PAYING OFF: Hoping to boost their investment returns and shrink looming deficits, public pension systems across the nation have been turning to riskier investments, such as private equity and hedge funds... Read More
The Economic View in Sunday's New York Times by Harvard economics professor N. Gregory Mankiw ( Capital Gains, Ordinary Income and Shades of Gray ) defending special tax rates for carried interest brought to mind the old joke about a tourist asking... Read More
I posted not long ago on this blog that a new voluntary disclosure program is in the cards. It appears that the new program will be officially anounced very soon. Few days ago Kristen A. Parillo had a piece on TNT reporting some of the details of this... Read More
New York Attorney General Eric Schneiderman has recently launched an investigation into "management fee waivers" by private equity funds. In connection with this investigation, subpoenas have been issued to a number of private equity funds questioning... Read More
Private Equity, Venture Capital and Hedge Fund Taxation Read More