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North America - Fund manager tax change could snag corporate joint ventures

Friday, August 13, 2010

From Automatedtrader.net: A proposed tax hike aimed at Wall Street fund managers could snare some of the largest U.S. public companies that operate joint ventures, tax advisers and lobbyists say.

... Lobbyists and tax lawyers note that since for corporations, capital gains are taxed at the same rate as ordinary income, there is no reason not t......................

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