Proposed H.B. No. 5865
Session Year 2021


AN ACT CONCERNING THE TAX TREATMENT OF INVESTMENT FUND NET PROFITS ATTRIBUTABLE TO CERTAIN INVESTMENT MANAGEMENT SERVICES.

To specify that net profits of investment funds attributable to certain investment management services performed by fund managers be treated as ordinary income subject to the corporation business and personal income taxes, rather than as investment profits subject to the capital gains tax.


Other Bills with Similar Topics

  Capital gains and dividends tax 

  Corporation business tax 

  Income tax (State) 

  Investments