UPDATE 1-US House tax panel to hold private equity hearings

(Reuters) - WASHINGTON, June 21 - The Ways and Means
Committee of the U.S. House of Representatives said on Thursday
it will hold hearings after the July 4 congressional recess on
taxation of private-equity firms and related issues.




New York Democratic Rep. Charles Rangel, chairman of the
powerful tax-writing panel, said, "We believe it is imperative
that Ways and Means ... conduct a hearing on the important
issues surrounding private equity, carried interest and
publicly traded partnerships."


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