TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Friday, July 26, 2013

First Circuit: Private Equity Fund Is Engaged in a 'Trade or Business'

In a case of first impression with far reaching tax implications, the First Circuit on Wednesday held that a private equity fund is engaged in a trade or business for purposes of the multiemployer pension termination liability rulesf Sun Capital Partners v. New England Teamsters & Trucking Industry Pension Fund, No. 12-2312 (1st Cir. July 24, 2013).

http://taxprof.typepad.com/taxprof_blog/2013/07/first-circuit-.html

| Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef0192ac339e11970d

Listed below are links to weblogs that reference First Circuit: Private Equity Fund Is Engaged in a 'Trade or Business':

Comments

This may be the beginning salvo in a renewed successful push for ordinary income treatment...

Posted by: Michael | Jul 26, 2013 12:29:43 PM