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KM Financial Solutions | U.S. Treasury to close ‘carried interest’ loophole in new tax law
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U.S. Treasury to close ‘carried interest’ loophole in new tax law

28 Feb U.S. Treasury to close ‘carried interest’ loophole in new tax law

Posted at 17:39h in News by
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WASHINGTON, March 1 (Reuters) – The U.S. Treasury said on
Thursday it will close an unintended loophole created by the
Republican tax overhaul that let some Wall Street financial
managers dodge new limits on “carried interest” by operating as
businesses known as S-corporations.

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