Hedge Fund Managers Hedged In By Taxes

Hedge Fund Managers Hedged In By Taxes

Fulcrum Partners Executive Benefits News

The clock is ticking for hedge fund managers and each tick resonates with the distinctive ca-ching of money leaving the manager’s pockets. For years, a tax code loophole enabled hedge fund managers to accumulate offshore gains without the requirement to pay federal or state taxes. Managers of offshore funds could simply defer receipt of compensation (which could be management fees, …