tax
IVCA expresses concern over proposed tax law changes
The Indian Private Equity and Venture Capital Association (IVCA) has expressed its concern that the draft guidelines on India’s proposed anti-avoidance legislation are too vague.
PE and FATCA: Complain but comply
Asian GPs have lagged behind other regional institutions in getting to grips with the Foreign Account Tax Compliance Act. The time has come to face the impact these rules could have on local firms
RMB partnership funds face tax trouble
The Chinese government is preparing legislation that clarifies how GPs and LPs are taxed on gains derived from local currency partnership funds. Clearer guidelines would help, but it likely means a larger tax bill
India postpones anti-avoidance rules, cuts capital gains tax for PE
India has postponed the implementation of anti-avoidance legislation, which impacts the tax treatment of offshore structures used to channel capital into the country, and reduced the tax rate on capital gains arising from private equity transactions....
China consider capital gains tax for PE funds
China's central government is planning to impose a 35-40% capital gains tax on investments made by private equity and venture capital funds, as part of the effort to streamline its taxation system for such vehicles.
India considers capital gains tax cut for PE investors – report
India’s Finance Ministry is reportedly considering a move to halve the long-term capital gains tax imposed on private equity investors to 10%. It is seen as an effort to shore up PE interest at a time when there is considerable uncertainty about the...
PE firms wary of India’s proposed tax law changes
Foreign private equity investors remain concerned about perceived ambiguities in India’s proposed anti-avoidance legislation, which impacts the tax treatment of offshore structures used to channel capital into the country. The legislation forms part...
Big payouts detract from the real issues
The Last couple of months have been interesting times for private equity but perhaps largely for the wrong reasons. As all of you know, Mitt Romney’s bid for the Republican presidential candidacy has spurred criticism from rival politicians keen to...
CalPERS criticizes PE industry on tax breaks
Joe Dear, CIO of the California Public Employees’ Retirement System (CalPERS), waded into debate on how private equity is taxed in the US, saying that buyout firm executives “risk becoming the robber barons of the 21st century” if they don’t back...
Japanese industries see post-earthquake renewal - AVCJ Japan
Japan’s private equity industry is anticipating greater changes in the aftermath of the March 11 earthquake and tsunami.
Australian Tax Office sees TPG-Myer court ruling overturned
An Australian Federal Court has overturned an earlier ruling that allowed the Australian Tax Office (ATO) to serve legal documents to TPG Capital’s country head as part of its efforts to settle a A$739 million ($784 million) tax bill arising from the...