Bloomberg Tax
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Tax
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

State Tax Group Eyes $1.4 Trillion Investment Partnership Income

Jan. 4, 2022, 9:37 PM

The Multistate Tax Commission will conduct a deep analysis of the trillions of dollars flowing through investment partnerships as part of its broader project addressing greater uniformity for state taxation of such structures.

Helen Hecht, uniformity counsel for the intergovernmental tax agency, presented an outline Tuesday for a white paper report that will examine state tax issues pertaining to the portion of the hedge fund, private equity, and venture capital sectors characterized as investment partnerships. The white paper could serve as a foundation for possible model laws, regulations, or administrative practices across the 24 states that are either full ...