MFA Letter to Senate Republicans Expressing Concerns Regarding H.R. 6049

June 09, 2008

From: MFA, John G. Gaine


U.S. Senate Republicans

MFA sent a letter to Senate Republicans expressing our concerns regarding H.R. 6049, which is titled the Energy and Tax Extenders Act of 2008 and proposes to, among other things, temporarily extend many expiring tax provisions of the Internal Revenue Code by eliminating the deferral of taxation of certain compensation that U.S.-based hedge fund professionals invest in their firms’ offshore funds.