This Aspatore legal title provides an authoritative, insider's perspective on the recent trends and proposed tax law changes that impact private equity and venture capital funds, investors, and advisers. Featuring partners from leading law firms, the book guides the reader through the intricacies of tax law and offers strategies lawyers can use to help clients maintain a competitive edge while avoiding liability. Discussing topics that range from carried interest legislation to deferred consideration regulations, these experts examine new and proposed tax law changes and their potential effects on the structuring and administration of funds and their portfolio companies.