(Reuters) - The House of Commons Treasury committee further recommended
in a report issued on Monday that tax authorities revisit rules
that enable private equity executives to pay a capital gains tax
rate of 10 percent or lower, but it stopped short of suggesting
any specific changes.
It also said buyout firms ought to be competing more
aggressively on the fees they charge investors, although rather
than putting forward a legislative remedy, it challenged
investors to negotiate harder.
Read more at Reuters.com Government Filings News
in a report issued on Monday that tax authorities revisit rules
that enable private equity executives to pay a capital gains tax
rate of 10 percent or lower, but it stopped short of suggesting
any specific changes.
It also said buyout firms ought to be competing more
aggressively on the fees they charge investors, although rather
than putting forward a legislative remedy, it challenged
investors to negotiate harder.
Read more at Reuters.com Government Filings News
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