Does the hon. Gentleman recognise that the concept of carried interest is integral to the way that private equity and venture capital industries operate? The Government have been pretty robust at trying to draw the distinction to which he refers, between capital and income, and any abusive schemes will be closed down. Carried interest is not a con. It is the very nature of the way in which venture capital funds operate in investing the funds they have for future projects.
Finance Bill
Proceeding contribution from
Mark Field
(Conservative)
in the House of Commons on Monday, 26 October 2015.
It occurred during Debate on bills on Finance Bill.
Type
Proceeding contribution
Reference
601 c61
Session
2015-16
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2015-10-27 14:40:28 +0000
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