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jdsupra.com: https://www.jdsupra.com/legalnews/carried-interest-reform-returns-to-6397702/

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GDELT news · original
Published
Tuesday, May 26, 2026

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--> Carried interest reform returns to Congress: Ending the Carried Interest Loophole Act | DLA Piper - JDSupra Menu News & Insights Popular Labor & Employment Finance & Banking Intellectual Property Health & Healthcare Environmental Issues more… Business Insurance Commercial Real Estate Corporate Taxes Immigration Securities more… Personal Residential Real Estate Estate Planning Civil Rights Personal Taxes Bankruptcy more… Jump to: Latest Updates » Trending [ 7 ] [Survey] What do GC want from law firm guidance? Your input matters... [Hot Topic] Artificial Intelligence [Hot Topic] Employer Liability Issues Latest IMMIGRATION News & Updates Stay Informed: Popular Reads on JD Supra Meet JD Supra's Top Authors! Build a Morning News Digest: Easy, Custom Content, Free! Browse All Law News Topics » Find Author By Business Matters Labor & Employment Finance & Banking Intellectual Property Insurance Taxes See All Subjects » --> By Personal Issues Civil Rights Family Matters Personal Injury Wills, Trusts, & Estate Planning Worker’s Compensation See All Subjects » --> By Location California New York Texas Canada United Kingdom See All Locations » --> Subscribe Custom Email Digests Build a custom email digest by following topics, people, and firms published on JD Supra. X (formerly Twitter) RSS Feeds for Publishers For Reporters My Account Log In May 26, 2026 Carried interest reform returns to Congress: Ending the Carried Interest Loophole Act Allen Ashley , Nicole Brennig , Kevin Brown , Jesse Criz , Shiukay Hung , David Lasker , Joshua Lingerfelt , Jeffrey Zanchelli DLA Piper + Follow x Following x Following - Unfollow Contact LinkedIn Facebook X Send Embed To embed, copy and paste the code into your website or blog: On April 16, 2026, Senators Ron Wyden (D-OR), Sheldon Whitehouse (D-RI), and Angus S. King Jr. (I-ME) introduced the Ending the Carried Interest Loophole Act (Bill). If enacted into law, the Bill would impact fund sponsors, investment managers, their employees, and other carried interest holders. The Bill only reflects proposed legislation, and current law has not changed. As introduced, the Bill does not include Republican sponsors. Background on carried interest reform Carried interest has long been a focus of tax reform proposals. Carried interest is a share of the profits of a partnership based on the performance of the partnership’s underlying investment. Carried interest recipients often perform investment management activities for partnerships and are common in the investment funds industry. Allocations of profits associated with carried interest are often taxed at favorable long-term capital gains rates. Opponents of the current tax treatment of carried interest argue that the recipients (carried interest holders) are converting higher-taxed ordinary income from the performance of services into more favorable long-term capital gains allocated by the partnership. Further, g
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