Private equity firms have amassed $1tn in ‘carry’ fees as taxation debate mounts
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Private equity firms have amassed $1tn in ‘carry’ fees as taxation debate mounts
According to new research from Oxford university, the world’s largest private capital firms have avoided income taxes on more than $1tn in incentive fees since 2000 by structuring the payments in a way that subjected them to a much lower levy.
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