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Senator Targets Carried Interests

By Amanda Wilson on Jun 25, 2015 in capital gain, carried interest, government, International, IRS, Obama care, Tax, tax code, tax rate, treasury

By: Amanda Wilson Yesterday, Senator Al Franken sent a letter to the Department of Treasury taking aim at "carried interest" income. In the letter, Senator Franken asked the IRS to revise Form 1065 (the tax return form for partnerships) to require...