IRS Seeks to Clarify Taxation Rules on Sovereign Wealth Funds

Posted on 11/03/2011


Over the past century, the United States has made a tremendous effort to persuade foreign investor participation in the American capital markets. With the advent of quasi-governmental investors, the Internal Revenue Service (IRS) is seeking to clarify rules regarding taxation exemption pertaining to sovereign wealth fund investors. The thorny issue that needs clarification is commercial […]