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PEs, VCs mull recast to get around GST on carry fee

PEs, VCs mull recast to get around GST on carry fee

Fund managers tend to earn millions in carry fees when they invest the money of PE or VC funds and also when they exit such investments. A quick resolution of this issue is needed, tax experts say, since it could also lead to transfer pricing complications.


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21 July 2021, 20:09