Leon Black Could Cash in on New Tax Law

The video discusses the differences between pass-through entities and corporations, focusing on taxation. It explains how the new tax bill reduced corporate tax rates, prompting some publicly traded partnerships to consider converting to corporations. This conversion could simplify tax processes and attract mutual fund investments, despite its complexity.

What are the tax implications for owners of partnerships like law firms compared to corporations?

How did the new tax bill affect the corporate tax rate?

What considerations might lead a publicly traded partnership to convert into a corporation?

What is the significance of the K1 form for investors in partnerships like Apollo?

How might converting to a corporation impact the inclusion of a firm in investment indexes?