Private equity taxation plans under fire

Draft measures to impose a floating profit tax on limited partnership private equity funds have been strongly criticised by economists and investors

By clpstaff | clp articles |

The State Administration of Taxation is considering implementing rules imposing a floating profit tax. The Draft Implementation Measures of Income Tax on Partnership Enterprises and Partners《合伙企业及合伙人所得税实施办法》相关草案（下称“草案”）is still in the consultation stage with private equity (PE) practitioners and auditors, according to the website PE Daily.

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