Newsflash: Proposed Tax Legislation - Highlights for Investment Funds

December 19, 2017

The final version of the proposed Tax Cuts and Jobs Act (the “Act”) was released on December 15, 2017. This legislation, unless amended again, is expected to be voted on this week in the U.S. House of Representatives and the U.S. Senate. Continue reading for highlights of the proposed legislation that are of the most direct interest to investment funds and investment fund managers. These provisions would go into effect if both the House and the Senate approve the legislation without change and the President signs the legislation. Please note that the listed highlights do not reflect many important details of the relevant provisions and also that there are many other significant provisions not included below.

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