KirklandPEN brief: Senate Considers Carried Interest Taxation Bill

In this KirklandPEN brief, partners Jack S. Levin, Donald E. Rocap, William R. Welke, P.C. and Paul D. Patrow discuss the carried interest bill currently being considered by the U.S. Senate, which would tax carried interest from an investment services partnership/LLC at effective rates slightly reduced from the bill passed by the House of Representatives on May 28, 2010.