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Levin Bill Would Change Taxation of Non-U.S. Hedge Funds and Other Non-U.S. Corporations
March 5, 2009 Full PDF
Senator Carl Levin has introduced a bill (Stop Tax Haven Abuse Act, S.506) that would, if enacted, change substantially the tax treatment of non-U.S. hedge funds and likely other non-U.S. corporations that are managed in the United States by treating them as U.S. corporations for income tax purposes.