How US Tax Reform Proposals Will Affect Private Investment Funds and Asset Managers

Latham & Watkins LLP
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Aspects of the current proposals could significantly alter the US taxation of investment funds, sponsors, and investors.

Key Points:

..Major changes to US tax laws on business tax rates, interest deductibility, and international taxation would have ramifications for funds, sponsors, and investors

..Carried interest preserved but subject to three-year holding period for long-term capital gains

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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