Stop Carrying the Interest! A Comparison of U.S. and Chilean Taxation of Private Equity Fund Managers Under International Human Rights Law

Authors

Maggie Carr, University of Georgia School of LawFollow

Document Type

Note

Abstract

Why do we tax? How do we tax? Who should we tax? While asked by

almost all of us, these questions are usually answered by a select few.

Economists who work in theoretical realities, lawyers full of jargon, and

legislators with competing interests all have different answers to those

questions. Some might even have different answers depending on who is

asking. Beyond the theory and the jargon, however, lies an underlying base of

equity and fairness that drives all citizens to ask these questions. This Note

will attempt to answer one small piece of these enormous questions by

focusing on the taxation of private equity managers in the United States

compared with that of Chile, arguing that, while the Chilean government has

complied with what little international guidance there is on tax policy, the

United States is violating international law by offering preferential treatment

for high net-worth private equity managers.

Recommended Citation

Maggie Carr, Stop Carrying the Interest! A Comparison of U.S. and Chilean Taxation of Private Equity Fund Managers Under International Human Rights Law, 52 Ga. J. Int’l & Compar. L. 638 ().
Available at: https://digitalcommons.law.uga.edu/gjicl/vol52/iss3/6