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p_ingyesterday at 10:33 PM1 replyview on HN

What would be the purpose behind this? Seems like it might discourage SWF from investing in the US?


Replies

johngyesterday at 10:41 PM

My guess is to get people to pay taxes on this part.

“ The blockers shield tax-exempt investors from liability. But the proposed changes could add hefty taxes to any distributions made to SWFs if the blocker is deemed to have “effective control” of a portfolio company.”