Final Treasury Regulations Issued Addressing the Application of Section 1061 to Carried Interests
By EsqSocial Corporation 12/01/21
On Jan. 8, 2021, the Department of the Treasury (Treasury) and the Internal Revenue Service (the Service) issued final regulations (Final Regulations) (T.D. 9945) governing the treatment of “carried interests” (also referred to as “profits interests”) under Section 1061 of the Internal Revenue Code....
By: Kramer Levin Naftalis & Frankel LLP