Sun Capital Partners was dealt a harsh blow by the United States Court of Appeals for the First Circuit in a recent decision where the court found that this private equity fund could be held liable for the pension withdrawal liability of its portfolio companies. The court essentially espoused the view of the Pension Benefit
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Getting Carried Away With Carried Interest?
By kheptig on
Posted in Taxes
The debate over the taxation of “carried interest” has been percolating for years and the release of Mitt Romney’s personal tax returns in connection with his presidential campaign generated more wide-spread interest in the subject. And while the relatively preferential tax rates that fund managers pay on these investment profits survived the “fiscal cliff” budget…