Stroock Special Bulletin
“Treasury Department Releases Latest Green Book: What’s in Store for Private Funds Investors and Managers”
On May 11th, 2009, the United States Department of the Treasury released the General Explanations of the Administration’s Fiscal Year 2010 Revenue Proposals, nicknamed the “Green Book” because of its green cover page. The Obama Administration’s Green Book contains several proposed changes to international taxes that should attract the attention of the private fund community.
This Stroock Special Bulletin highlights some of these proposals that are of particular interest to fund investors and managers.