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Sovereign wealth funds face growing taxation threats | Asset Owners

Sovereign wealth funds face growing taxation threats | Asset Owners
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North koreaNew zealandUnited kingdomRon wydenDiego lopezMatt whinerayStephen gilmoreJeremy huntChina investment corporationTemasek groupNorges bank investment managementEnding tax breaksMassive sovereign wealth fundsInternal revenue code

Section 892 Benefits Denied with New Bill

Section 892 Benefits Denied with New Bill
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North koreaUnited statesSenate finance committeeSenate finance chairman ron wydenEnding tax breaksMassive sovereign wealth funds actInternal revenue codeInternal revenue

Two New Bills Would Target The PGA Tour And Its Tax-Exempt Status

Golf season is in full swing in parts of the U.S. but Sen. Ron Wyden is making golf news this week by introducing bills targeting The PGA Tour and its tax-exempt status.

United statesUnited arab emiratesSaudi arabiaJay monahanAmerican medical associationSports league taxAmerican library associationMajor league soccerNational associationAcademy of motion picture arts sciencesUs chamberCommittee on foreign investmentSaudi arabia public investment fundMajor league baseballNational securitySenate finance committee

Bill aimed at revoking PGA Tour s tax exemption introduced: What happens if the tour loses its status?

A new federal bill was proposed Wednesday by Senate Finance Committee chairman Ron Wyden (D-Ore.).

Saudi arabiaUnited statesSaudi arabianJay monahanSenate finance committeeSaudi arabian public investment fundNational football leagueSports league taxPublic investment fund of saudi arabiaMajor league baseballSaudi public investment fundPublic investment fundRon wydenSports league tax exempt status limitation actRon priceSaudi public investment

Politicians Target PGA Tour, PIF

Left-leaning U.S. politician Ron Wyden serves as Senate Finance Committee Chairman. He is threatening to increase the taxes on the PGA Tour and by default Saudi Arabia’s Public Investment Fund. Wyden is seeking to strip away tax exemptions that apply to the PGA Tour and PIF. Wyden went on the offensive in his public statement:…

Saudi arabiaUnited statesRon wydenSenate finance committee chairmanSaudia arabia public investment fundPoliticians targetSenate finance committeeSaudia arabiaPublic investmentEnding tax breaksMassive sovereign wealth funds actwould