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Mnuchin Vows To Close Carried Interest Loophole In Tax Law

By Joshua Rosenberg (February 14, 2018, 8:04 PM EST) -- The U.S. Treasury Department and the IRS will issue guidance within the next two weeks to avoid an end run around a requirement in the new tax law that investments must be held for three years for carried interest profits to qualify for preferential capital gains tax rates, Treasury Secretary Steven Mnuchin said Wednesday....

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