Scott S. Jones

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Recently by Scott S. Jones

Congress Moves Closer To Taxing Carried Interest As Ordinary Income

On Wednesday, December 9, the House of Representatives, by a vote of 241-181, passed H.R. 4213, the Tax Extenders Act of 2009 (the "Extenders Act"). This legislation would extend a number of expiring tax provisions, while raising offsetting revenue by taxing the "carried interest" of fund managers...

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