The "carried-interest" tax loophole is a provision that seems to be loved only by those who enjoy its benefits: Private-equity executives, hedge fund managers and others who manage money for a living.

Tucked away in the Biden administration's proposed budget for the federal government for fiscal year 2023 — among more headline-grabbing ideas, such as a minimum 20% tax on high net worth individuals ...

After a deal with Krysten Sinema, the new Inflation Reduction Act will not close a controversial tax loophole for those in private equity and hedge funds. Closing that loophole would have had a ...

The lower tax rate for carried interest, which largely benefits equity fund managers but also partnerships that own commercial real estate, might be at risk of disappearing under a Biden ...

The Democrats’ latest plan to hike taxes on carried interest, a form of income earned by private equity funds that is subject to a lower tax rate, doesn’t go as far as liberals had hoped. One portion ...

Goldman Sachs is adopting a controversial compensation scheme that will help partners at the investment bank lower their annual tax bill by hundreds of thousands of dollars each. But embracing that ...

(Bloomberg) -- The path was nearly cleared for one of the cornerstones of President Joe Biden’s domestic agenda after Democrats agreed on a revised version of their tax and climate bill. But it came ...

Manchin and Sinema are about to collide on a tax loophole affecting wealthy investors. Manchin wants to close carried interest, but Sinema may knock the change out of the bill. It's possible Democrats ...

Jonathan H. Choi is an associate professor at the University of Minnesota Law School. The views expressed here are his own. House Democrats on Sunday began circulating a preliminary proposal for tax ...

House Democrats want to restrict the use of a prized private-equity tax break to help fund President Joe Biden’s economic agenda, but their proposal falls short of eliminating the carried-interest ...