Senate considers closing hedge fund tax loophole

Fri Oct 19, 2007

The U.S. Congress is preparing to consider a proposal that would cut off a loophole that allows hedge fund managers of offshore funds to defer taxes on large amounts of income.

Senator John Kerry (D - MA) and Representative Rahm Emanuel (D - IL.) plan to introduce corresponding bills...

ISSN: 2151-1845 / CDC10004H

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