Taxation

The firm is backing new legislation, which it will soon pilot, that combines the most attractive aspects of the regulatory frameworks from various states; and it wants industry input to help it make it a success.
Chancellor Rishi Sunak’s speech has allayed fears of a capital gains tax spike and laid out some intriguing initiatives for the industry, writes Tim Hames.
Carlyle and Blackstone executives talked about the firms’ C-corp structures and how they might react to a higher tax rate under a new presidency; Apollo’s Black expects impact on fundraising amid board review.
Growth in its Asia and US buyouts funds boosted the PE giant's third-quarter earnings from its corporate private equity portfolio.
Smith will stay out of jail but will pay $139m and continue to cooperate with US federal authorities.
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