Blog

Venture Capital Firms Avoid the (Higher) Tax Man

Published: 6/25/2010 10:28:11 AM

Over the past 12-18 months, Congress has been threatening to increase the taxes on venture capital gains from the capital gains rate to the ordinary tax rate.

Today, Congress gave up on the notion because it could not muster enough support. This is a great development for the venture capital industry, since it won't penalize the industry that creates so many jobs and technological advantages for the United States and burden it with higher taxes.

Sometimes a "do-nothing" Congress is a good thing.

Cheers,

Don Jones

VentureDeal

 

Don Jones
CEO, VentureDeal

Blog Home

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.

RSS Feeds

Add this page to your RSS aggregator page with a simple click of a button below.

Add to My Yahoo! Add to Netvibes
Add to Google