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February 25, 2021

A proposed bill would tax carried interests at ordinary income rates.

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The UK Government’s public consultation on Asset Holding companies (AHCs) has just finished, having run from December 15, 2020 to February 23, 2021. We explore some of the features of the consultation and the challenges the UK Government faces in creating a new tax regime.

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Proposed legislation at the state and federal level would put the squeeze on high-income taxpayers.

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If enacted, this legislation would impose a mortgage recording tax on mezzanine debt and preferred equity investments.

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Key Contacts

Linda Z. Swartz
Partner
T. +1 212 504 6062
[email protected]

 

Adam Blakemore
Partner
T. +44 (0) 20 7170 8697
[email protected]

Mark P. Howe
Partner
T. +1 202 862 2236
[email protected]

Jon Brose
Partner
T. +1 212 504 6376
[email protected]

Gary T. Silverstein
Partner
T. +1 212 504 6858
[email protected]

Andrew Carlon
Partner
T. +1 212 504 6378
[email protected]

 

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