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Hedge Funds Face Massive $25 Billion Tax Bill With No Way Out
Wednesday, June 22, 2016 - 8:42am | 269A tax loophole in which hedge-fund managers avoid paying taxes on performance fees packed offshore will cease to exist on December 31, 2017. According to Bloomberg, a proposed change to the tax loophole that hedge fund managers have been taking advantage of for years was actually proposed eight...