This document summarizes fund of fund tax considerations as discussed during a webcast by a panel of asset management, state and local tax, and technology specialists within PwC’s Asset Management Tax practice.
New regulatory and legislative requirements are creating reporting challenges for asset managers. As the IRS requires more disclosures and investors demand greater transparency, the volume and complexity of reporting have increased. While the entire asset management industry is affected, the impact on fund of funds is perhaps the greatest.
To provide information on the fund of fund tax considerations, PwC hosted a webcast to address the following topics: