The YA Global decision by the United States Tax Court

Featured UK | Ulises Ruiz | Apr 12, 2024

Foreign Funds: Are You at Risk of a US Tax Hit?

The YA Global v. Commissioner decision by the US Tax Court has significant implications for foreign funds investing in the US. The Court ruled that a foreign investment fund was engaged in a US trade or business due to its manager’s activities, deeming foreign partners to have a taxable US presence. This controversial ruling could impact foreign investors, funds, and the private equity industry.

Our experts can advise you on how to navigate this complex ruling’s ramifications for your investments. Read Ulises Ruiz, Principal-in-Charge – International Tax Services’ latest GGI FYI International Taxation News article, “The YA Global decision by the United States Tax Court” to find out how this could affect you.