Key Takeaways
- Registered closed-end funds and business development companies should reassess their distribution policies if they are in need of liquidity.
- As part of that reassessment, funds should consider paying...more
4/8/2020
/ Business Development Companies ,
Closed-End Funds ,
Coronavirus/COVID-19 ,
Distribution Rules ,
Dividends ,
Investment Funds ,
IRS ,
Liquidity ,
Relief Measures ,
Tax Deductions ,
Tax Relief
On March 18, 2019, the U.S. Department of the Treasury and the Internal Revenue Service issued final tax regulations for registered investment funds that are taxed as regulated investment companies (“RICs”) and that invest in...more
3/26/2019
/ Closed-End Funds ,
Commodities ,
Controlled Foreign Corporations ,
Derivatives ,
Dividends ,
Exchange-Traded Products ,
Final Rules ,
Foreign Subsidiaries ,
GILTI tax ,
Imputed Income ,
Investment Company Act of 1940 ,
Investment Funds ,
IRS ,
Mutual Funds ,
Private Letter Rulings ,
Registered Investment Companies (RICs) ,
Securities ,
Stocks ,
Subsidiaries ,
Tax Legislation
The final version of the proposed Tax Cuts and Jobs Act (the “Act”) was released on December 15, 2017. This legislation, unless amended again, is expected to be voted on this week in the U.S. House of Representatives and the...more
12/20/2017
/ 529 Plans ,
Bonds ,
Corporate Taxes ,
Estate Tax ,
Fund Managers ,
Gift Tax ,
Income Taxes ,
Investment Funds ,
Legitimate Business Interest ,
Master Limited Partnerships ,
Net Operating Losses ,
Partnerships ,
Pass-Through Entities ,
Proposed Legislation ,
Registered Investment Companies (RICs) ,
REIT ,
Small Business Investment Company ,
Tax Credits ,
Tax Cuts ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Tuition