Revised House tax bill takes aim at offshore accounts
Fri Dec 14, 2007
In the latest twist in the tax debate, the U.S. House of
Representatives passed a bill Wednesday that could result in a
large tax increase on hedge fund earnings.
The measure, H.R. 4351, attempts to reduce the impact of the
alternative minimum tax (AMT) on middle-class Americans
and to pay for this relief by closing a loophole that allows
hedge funds to...
ISSN: 2151-1845 / CDC10004H
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