The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.
Author: Alan Rappeport and Emily Flitter
Carried Interest Is Back in the Headlines. Why It’s Not Going Away.
Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.
What Would the New Carried Interest Loophole Proposal Do?
Legislation agreed to by top Democrats falls far short of closing a tax loophole that party leaders have complained about for years but would narrow its preferential treatment.
Treasury Warns Foreign Banks Against Helping Russia Evade Sanctions
Adewale Adeyemo, the deputy Treasury secretary, met privately with international financial institutions to make clear the consequences of sanctions evasion.