C
cjno1
Member
In the core reading it says, about Private Equity:
"There are unlikely to be tax cashflows or debt cashflows as the fund will typically be in a zero tax environment"
Why is this? I thought you only paid zero tax if you didn't make any income or capital gains.
"There are unlikely to be tax cashflows or debt cashflows as the fund will typically be in a zero tax environment"
Why is this? I thought you only paid zero tax if you didn't make any income or capital gains.