Posted on August 4, 2007 by Joseph M. Wallin

Tax on Carried Interest to be tied to AMT Reform in the House

Bloomberg reported on August 3, 2007, that House Ways and Means Committee Chairman Charles Rangel said in an interview that he will combine the proposed carried interest tax increase with AMT reform in the fall.  Combining these measures may increase the likelihood of passage of an increase on the tax on carried interest.  Rangel is a co-sponsor of legislation to increase the tax on carried interest.  

View text of the proposed legislation; here is the carried interest in pdf form.

View text of press release accompanying proposed legislation.

View fact sheet distributed with press release announcing proposed legislation.

For further information, please contact Joe Wallin, 206.757.8184, or joewallin@dwt.com.

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