{"id":42540,"date":"2014-06-12T08:55:13","date_gmt":"2014-06-12T12:55:13","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42540"},"modified":"2014-06-12T09:11:28","modified_gmt":"2014-06-12T13:11:28","slug":"irs-issues-new-rule-regarding-hedge-fund-fees","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2014\/irs-issues-new-rule-regarding-hedge-fund-fees.html","title":{"rendered":"IRS Issues New Rule Regarding Hedge Fund Fees"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/irs_logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-29404 size-medium\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/irs_logo-300x227.jpg\" alt=\"irs_logo\" width=\"300\" height=\"227\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/irs_logo-300x227.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/irs_logo.jpg 660w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211; The IRS is backing investors who want to change the amount of fees a hedge fund firm can charge.<\/p>\n<p>By issuing a new rule reducing the incentive fees assessed by hedge funds for institutional investors, the sector may begin to invest into the\u00a0hedge fund\u00a0industry at a lower cost.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-06-11\/investors-seeking-to-alter-hedge-fund-fees-backed-by-irs.html\" target=\"_blank\">Bloomberg<\/a> reports: &#8220;The ruling, 2014-18, clarifies that hedge funds can charge incentive fees cumulatively rather than annually without running afoul of a tax law change adopted in 2008. These fees, typically equaling 15 percent to 20 percent of an investor\u2019s profits, comprise a big portion of a hedge-fund manager\u2019s annual revenue.&#8221;<\/p>\n<p>The IRS also today announced the adoption of a &#8220;<a href=\"http:\/\/www.irs.gov\/uac\/Newsroom\/IRS-Adopts-Taxpayer-Bill-of-Rights;-10-Provisions-to-be-Highlighted-on-IRSgov,-in-Publication-1\" target=\"_blank\">Taxpayer Bill of Rights<\/a>&#8221; that will provide US taxpayers with a better understanding of their rights.\u00a0The the new bill takes the multiple existing rights embedded in the tax code and groups them into 10 broad categories.<\/p>\n<p>Alex Akesson<br \/>\nFor HedgeCo.net<br \/>\nalex@hedgeco.net<br \/>\nHedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; The IRS is backing investors who want to change the amount of fees a hedge fund firm can charge. By issuing a new rule reducing the incentive fees assessed by hedge funds for institutional investors, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-42540","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-regulation","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=42540"}],"version-history":[{"count":13,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42540\/revisions"}],"predecessor-version":[{"id":42554,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42540\/revisions\/42554"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}