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Reignited US tax debate may hit Asia-based managers

Georgina Lee
US Democrats have renewed their push to raise the tax on carried interest charged on alternative investment firms. Such a move could affect Asia-based individuals.
Reignited US tax debate may hit Asia-based managers

Asia-based private equity and hedge fund managers subject to US tax may be charged a higher tax rate on the share of profits they receive for outperformance, if a proposal by congressional Democrats becomes reality.

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