Archive | January 3, 2018

2018 Tax Solution for Offshore Private Equity

03 Jan
Solution for Offshore Private Equity

That means the top marginal rate of 39.6% applies to overseas passive income because the general tax rate deductions and the new participation exemption rules reductions do not extend to Passive income and gains. (See pages 4501 and 1297) Both changes to participation exemption and carried interest give reason for a Clean Nominee Bank Account […]