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Summary of the Biden Administration s Fiscal Year 2023 Green Book Tax Proposals | Proskauer - Tax Talks

Summary Of The Biden Administration s Fiscal Year 2023 Green Book Tax Proposals - Tax Authorities

Biden Admin Proposed to Tax Profits Interests as Income

Biden Administration proposed to tax profits or carried interests as ordinary income and impose self-employment tax on income and gains from these interests for certain partners in investment partnerships.

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