The tax reform passed in January has the potential to significantly change the way in which buyers and sellers approach the sale of a partnership interest in a fund that conducts business in the US.

Following a successful editorial piece early this month in Secondaries Investor on new US tax laws which have brought in a withholding tax on partnership interests held by non-US people, James McCredie can now be seen explaining the fundamentals of ECI in this short video clip.  

To view this clip you may need to register for free one-off access to Secondaries Investor.