Private equity firms have amassed $1 trillion in carry fees as the tax debate heats up

Stay informed with free updates Simply log in to the Private assets myFT Digest – delivered straight to your inbox. The world’s largest private equity firms have avoided income taxes on more than $1 trillion in stimulus payments since 2000 by structuring the payments to subject them to a much lower tax, according to new … Read more

Private equity and professional services firms are facing a crackdown from HMRC

Stay informed with free updates Simply log in to the UK tax myFT Digest – delivered straight to your inbox. Private equity houses and professional services firms could stand to pocket hundreds of millions of pounds after the UK tax authorities launched a crackdown on companies operating as limited companies. HM Revenue & Customs is … Read more