The U.S. Treasury Department and the Internal Revenue Service recently released proposed regulations under Section 1061 of the Internal Revenue Code of 1986, as amended.1 Congress enacted Section 1061 in 2017 in order to...more
8/26/2020
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Capital Gains ,
Carried Interest ,
Carried Interest Tax Rates ,
Holding Periods ,
Internal Revenue Code (IRC) ,
IRS ,
Partnership Interests ,
Pass-Through Entities ,
Proposed Regulation ,
Recharacterization ,
U.S. Treasury
The Treasury Department and Internal Revenue Service recently issued proposed regulations (the Proposed Regulations) and Revenue Ruling 2018-29 (the QOZ Revenue Ruling), providing much anticipated guidance for Qualified...more