Pepper podcast: Cut Unjustified Loopholes Act | Podcast *

USA - May 29 2012
Michigan Democratic Senator Carl Levin has introduced his proposed Cut Unjustified Tax Loopholes Act to target off-shore tax abuses.

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Proposed regulations ease sovereign wealth fund investment into private equity funds *

USA - May 29 2012
Sovereign wealth funds (SWFs) represent a significant source of investor funds for private equity funds.

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Carried Interest Fairness Act of 2012 retains capital gain on enterprise value *

USA - April 18 2012
On February 14, 2012, Rep. Sander M. Levin (D-Mich.) again introduced legislation (H.R. 4016) to tax income from carried interests at ordinary rates.

Co-authors: Timothy J. Leska .

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Cut Unjustified Tax Loopholes Act would favor foreign fund managers over U.S. managers *

USA - February 29 2012
In March 2009, Sen. Carl Levin (D-Mich.) introduced the Stop Tax Haven Abuse Act (S. 506) (the 2009 Act) to “stop tax cheats” and target “off-shore tax abuses that rob the U.S. Treasury.”

Co-authors: Timothy J. Leska .

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Top 10 lessons learned from the Vodafone, Aditya Birla and other tax cases in India *

India - September 29 2011
The rulings of the Bombay High Court in the famous US$2.5 billion tax assessment case against Vodafone in Vodafone v. Union of India and the rulings more recently in Aditya Birla Nuvo Limited v. DDIT and Union of India, New Cingular Wireless Services Inc. v. DDIT and Tata Industries Ltd. v. DDIT are all full of cautionary tales for foreign investors looking to buy Indian-related assets.

Co-authors: Valérie Demont , Bipul K. Mainali .

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