{"id":62327,"date":"2018-02-14T00:49:33","date_gmt":"2018-02-14T05:49:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62327"},"modified":"2018-02-15T23:30:20","modified_gmt":"2018-02-16T04:30:20","slug":"irs-to-ban-hedge-fund-tax-dodge-on-carried-interest","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2018\/irs-to-ban-hedge-fund-tax-dodge-on-carried-interest.html","title":{"rendered":"IRS to Ban Hedge-Fund Tax Dodge on Carried Interest"},"content":{"rendered":"<p>(Bloomberg) Treasury Secretary Steven Mnuchin said the Internal Revenue Service plans on closing a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. Mnuchin told the Senate Finance Committee that a Bloomberg News story Wednesday, which detailed how hedge funds created scores of shell companies to work around the new carried-profit rules, prompted him to instruct administration officials to issue guidance on the subject within two weeks.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-14\/mnuchin-says-irs-to-ban-hedge-fund-tax-dodge-on-carried-interest\">To read this story:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Treasury Secretary Steven Mnuchin said the Internal Revenue Service plans on closing a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. Mnuchin told the Senate Finance Committee that a Bloomberg [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62327","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62327","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=62327"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62327\/revisions"}],"predecessor-version":[{"id":62328,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62327\/revisions\/62328"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}