Tax Implications of New Rules Under the Advisers Act | USA

In the latest edition of the Weil Gotshal & Manges Expert Focus series on US tax issues, tax partners Robert Frastai and Andrew Morris discuss the impact of the SEC’s recently adopted rules under the Investment Advisers Act of 1940 on certain tax structuring and compliance matters for private funds, including after-tax clawback obligations, blocker and withholding taxes that are allocated to investors, and tax distribution loans and advances made by private funds to sponsors.