Limited Liability Partnerships (LLPs) may rush to incorporate and deprive the Treasury of revenues after the government pushed ahead with the crackdown on current LLP taxation structures.
The Government has pushed ahead with the crackdown on LLP taxation structures, stating it will come in from this April, despite criticisms from the industry and calls for a delay.
MP John Redwood has told investment managers they are unlikely to successfully challenge the upcoming tax changes to LLPs unless they build a stronger argument.
PF Advisors has launched a closed-ended property portfolio targeting a 7% annual yield over the course of its three-year life.
William Yonge, partner at Morgan Lewis & Bockius, examines the regulatory and compensation issues relating to ESMA's consultation on new guidelines for how alternative investment fund managers should be compensated.