“Carried interests” of hedge fund and private equity fund managers remain a political hot potato. They are a form of “profits interests” in partnerships. Andrew Mitchel LLC has put up a great chart explaining the mechanics of how these things are taxed.
Tags: Andrew Mitchel, carried interests, profits interests, Rev. Proc. 93-27
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
