Tax treatment for LPs
I have some LPs asking me if there are potential tax benefits to their LP investment. My gues is that there aren´t, but want to make sure
Always avoid giving tax advice to your LPs. If you do, you incur enormous liability. Your answer should always be: "Please speak with your tax advisor."
For your info only, there are usually tax benefits. But these are different depending on jurisdiction. For example, in the US, there is QSBS. But never EVER suggest these to LPs.
For your info only, there are usually tax benefits. But these are different depending on jurisdiction. For example, in the US, there is QSBS. But never EVER suggest these to LPs.
Thank you!