Ellin & Tucker Offices

Recommended By: David Schriver

The IRS is taking aim at investment funds who convert management fees to capital and, as such, re-characterize the income to capital gains (vs. ordinary income).  They refer to this as a “disguised payment for services” and suggest it is... Continue Reading

Recommended By: David D. Schriver, Jr.

This filing requirement now applies to all entities with foreign affiliates, including private funds.  The deadline is Friday, May 29, 2015. To read the article in its entirety, visit the Lexology website here: Private funds may be subject to the... Continue Reading

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