Partner Todd Lowther, Derek Kershaw and associate Matthew Behrens will discussed the Internal Revenue Service’s proposed regulations providing guidance under Section 1061 of the Internal Revenue Code. The presentation covered some key points and examples relating to the proposed regulations, including guidance for determining the amount of gain to be recharacterized pursuant to Section 1061, certain relevant exceptions as well as new reporting requirements for affected partnerships.

Watch "Proposed Regulations Addressing Three Year Carried Interest Rules: What You Need to Know to Preserve Long-Term Capital Gains Treatment."