The IRS Is Taking Aim at a Strategy That Turns Stock Portfolios Into ETF Shares Tax-Free

The IRS Is Taking Aim at a Strategy That Turns Stock Portfolios Into ETF Shares Tax-Free

A tax strategy promising wealthy investors a way to shed billions in built-in gains without triggering a federal tax bill just caught the attention of Treasury and the IRS, and the agencies are signaling they may apply any new rules retroactively.

'Runaway' tax-slashing strategy honed by AQR draws senator's ire

In a letter, Colorado's Ron Wyden called on the Treasury and the IRS to curb the vehicles popularized by the world's largest hedge fund.

Logon Opalesque Alternative Market Briefing

US Senator Ron Wyden called on senior Trump administration officials to halt the exponential growth of some tax-slashing investment strategies popularized by the world 's largest hedge fund, AQR Capital Management.... Article link