Tag Archives: 2018 Tax Law

Bloomberg Tax Issues Report Highlighting Impact Of Sweeping Tax Reform On Key Industries

06 Jan
Tax Reform

ARLINGTON, Va., Jan. 5, 2018 /PRNewswire-USNewswire/ — Bloomberg Tax today issued Industry-Specific Impact of Tax Reform, a special report that helps tax professionals understand how the recently enacted changes to the tax code may offer opportunities, increase compliance challenges and add complexity for businesses. Major industries highlighted include banking, health insurance, hospitality, manufacturing, financial planning, private equity, real estate, retail […]

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 […]