Private Equity

Private Equity Is Pushing Through Asset Sales For Lower Taxes In 2020

by businessinsider.com posted 5months ago 43 views
Summary List Placement Large private-equity firms are feeling pressure to sell assets before year-end to take advantage of a business-friendly tax regime they fear could change in 2021, attorneys and PE executives tell Business Insider. The thinking is that if Joe Biden is elected president and there is a Democratic majority in Congress, it will unleash a wave of larger taxes on corporations and wealthy individuals who manage them.

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