Is the Carried Interest Tax "Break" a Goner?
It would appear that everyone is expecting that this tax "break" or "loophole" will be closed.
There were a number of articles to this effect written today, including one in CNNMoney, and another at GlobeSt.com.
It will be crucial to the venture capital industry and the real estate industry that any modification to the tax law to take away the carried interest tax "break" for larger institutions (where there is perceived executive compensation excesses) does not inadvertently or intentionally capture venture capital and real estate partnerships as well.
We will keep you posted.
