Taxation

A US Chamber of Commerce report predicts the tax could see the PE/VC industry shrink by nearly 20%. But a House committee moved to take its edge off, and one finance exec shrugs at even the worst proposals.

The report predicts the tax could see the PE/VC industry shrink by nearly 20%, with failures of many PE and venture-backed firms.

Spurred by the prospect of rising taxes, US dealflow is super hot, said participants at the CFOs and COOs Forum 2021. But there are caveats.

The firm is backing new legislation, which it will soon pilot, that combines the most attractive aspects of the regulatory frameworks from various states; and it wants industry input to help it make it a success.

Chancellor Rishi Sunak’s speech has allayed fears of a capital gains tax spike and laid out some intriguing initiatives for the industry, writes Tim Hames.

The UK Chancellor needs to think carefully before making major changes in the Budget writes Daniel Parry, managing director in the tax team at Alvarez and Marsal Taxand UK.

Critics of private equity have long considered this a loophole that allows already-wealthy private equity GPs to pay less than regular workers.

Harnessing the power of data that many firms already collect for tax purposes can help generate value beyond simple compliance, writes EY's Jen Hwang.

Carlyle and Blackstone executives talked about the firms’ C-corp structures and how they might react to a higher tax rate under a new presidency; Apollo’s Black expects impact on fundraising amid board review.

Growth in its Asia and US buyouts funds boosted the PE giant's third-quarter earnings from its corporate private equity portfolio.