SVG CHIEF ATTACKS LOW TAXES ON BUY-OUTS

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Nicholas Ferguson, one of the most prominent figures in the UK private equity industry, has broken the sector's taboo on talking about tax by criticising the fact top buy-out executives “pay less tax than a cleaning lady”.

Rules on capital gains in Britain allow executives at private equity firms and some hedge funds to enjoy lower tax rates than most other people, often of only 10 per cent. This anomaly has been attacked by a recent trades union campaign against buy-out firms.




英国私人股本行业最著名人物之一尼古拉斯•弗格森(Nicholas Ferguson)打破了该行业不许谈论税款的禁忌，他批评称，顶级私人股本公司高管“缴税比清洁女工还少”。

英国的资本利得规则，允许私人股本公司和一些对冲基金高管享受较其他多数人低的税率——通常仅为10%。最近，反对私人股本公司的工会运动抨击了这种畸形现象。