The Tax Treatment of Carried Interest – Call for Evidence
Call for evidence description
On 29 July, the Chancellor of the Exchequer announced a commitment to take action in respect of the ‘carried interest’ loophole. Carried interest is a form of performance-related reward received by fund managers, primarily within the private equity industry.
This call for evidence confirms the government’s intention to take action against the carried interest loophole, and forms the basis for detailed engagement with expert stakeholders. It also sets out a series of areas where we would particularly value input from stakeholders.