Comments on: Proposal to Tax Carried Interests as Ordinary Income http://www.compliancebuilding.com/2009/03/05/president-obama-proposes-to-tax-%e2%80%9ccarried-interests%e2%80%9d-as-ordinary-income/ Doug Cornelius on compliance and business ethics for private equity real estate Mon, 13 Feb 2012 12:56:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Compliance Building · Carried Interest Tax Legislation http://www.compliancebuilding.com/2009/03/05/president-obama-proposes-to-tax-%e2%80%9ccarried-interests%e2%80%9d-as-ordinary-income/comment-page-1/#comment-516 Compliance Building · Carried Interest Tax Legislation Fri, 10 Apr 2009 11:02:41 +0000 http://www.compliancebuilding.com/?p=1583#comment-516 [...] Proposal to Tax Carried Interests as Ordinary Income - previous post [...] [...] Proposal to Tax Carried Interests as Ordinary Income – previous post [...]

]]> By: Doug Cornelius http://www.compliancebuilding.com/2009/03/05/president-obama-proposes-to-tax-%e2%80%9ccarried-interests%e2%80%9d-as-ordinary-income/comment-page-1/#comment-50 Doug Cornelius Fri, 06 Mar 2009 14:42:55 +0000 http://www.compliancebuilding.com/?p=1583#comment-50 David - Hedge fund managers do not make a sympathetic example for not enacting this tax. The harder impact is on start ups and smaller ventures that use carried interests as incentives. It hard to brainstorm without knowing how the change in tax code will work. it could have a big impact on how real estate joint ventures are structured. David –

Hedge fund managers do not make a sympathetic example for not enacting this tax. The harder impact is on start ups and smaller ventures that use carried interests as incentives.

It hard to brainstorm without knowing how the change in tax code will work. it could have a big impact on how real estate joint ventures are structured.

]]> By: David Stejkowski http://www.compliancebuilding.com/2009/03/05/president-obama-proposes-to-tax-%e2%80%9ccarried-interests%e2%80%9d-as-ordinary-income/comment-page-1/#comment-49 David Stejkowski Fri, 06 Mar 2009 14:18:56 +0000 http://www.compliancebuilding.com/?p=1583#comment-49 I guess we all knew this was coming. I know they call it the "hedge fund" tax, but this of course will impact us in the dirt field. Obviously without the text there's not much to do other than wait. But I already know people who are brainstorming about it. Unfortunately, they are (and will be) spending time working on tax strategies at the cost of deal-making. One thing I saw this week was a buyer significantly lowering its offering price on a property to price in the anticipated tax hike. I guess we all knew this was coming. I know they call it the “hedge fund” tax, but this of course will impact us in the dirt field.

Obviously without the text there’s not much to do other than wait. But I already know people who are brainstorming about it. Unfortunately, they are (and will be) spending time working on tax strategies at the cost of deal-making.

One thing I saw this week was a buyer significantly lowering its offering price on a property to price in the anticipated tax hike.

]]>