NEW YORK, NEW YORK - SEPTEMBER 18: (EXCLUSIVE COVERAGE)Blackstone CEO Stephen Schwarzman as he visits "Maria Bartiromo's Wall Street" at Fox Business Network Studios on September 18, 2019 in New York ...

Carried interest is a partnership tax concept, a hallmark of investment fund economics, and a driver of powerful estate planning opportunities. At the same time, complex tax rules pose traps for the ...

There’s no denying that the One Big Beautiful Bill Act (OBBBA) has changed the tone of estate-planning discussions. By making higher federal estate and gift tax exemption levels permanent, the OBBBA ...

On February 6, 2025, President Donald Trump met with Republican lawmakers to discuss budget priorities, proposing to end carried interest. On the same day, Democrats introduced bills in both the House ...

EXCLUSIVE — Sen. Tammy Baldwin (D-WI) filed an amendment Monday during a marathon voting session on President Donald Trump’s tax cut and spending bill to close the carried interest “loophole” for ...

President Donald Trump has called for raising taxes on carried interest, a form of income earned by hedge funds and private equity. Trump and other critics, generally liberal Democrats, maintain that ...

A new analysis has found that curbing the preferential treatment of carried interest might raise more revenue than previously estimated.

Carried interest is a profit share accruing to investment fund managers, incentivising them to maximise returns for investors in the fund. Carried interest, or carry, is a financial arrangement ...

“Carried interest” is extraordinarily misleading. It implies a fixed and very certain income stream in the way that interest bearing accounts at banks do. Which is the problem. Carried interest is the ...

Being an aspiring commercial lawyer often means being confronted by complex, often abstract, concepts leading to an often impenetrable wall of jargon for students and trainees. Next up in our Legal ...

The real estate industry is at the forefront of a lobbying blitz to sway Congress to preserve the carried interest tax break that President Donald Trump wants to abolish in a giant tax bill pending in ...

John O'Farrell, a partner at venture capital firm Andreessen Horowitz, says he believes carried interest is essentially ...