Our International Tax colleagues Thomas S. Dick, Alan Winston Granwell and Gerald Rokoff have published an update regarding proposed regulations affecting the investment in US-sponsored private equity and real estate funds by sovereign wealth funds.  The proposed regulations should bring some clarity and a ‘safe harbor’ with respect to the relevant foreign sovereign exemption for certain types of US-source income.  You can read the full article here.
Continue Reading Investment by Sovereign Wealth Funds in US Private Equity Funds