Tuesday, July 3, 2007

UPDATE 1-Embattled private equity bosses want simpler taxes

(Reuters) - LONDON, July 3 - Private equity bosses, under fire
from unions and politicians, called for a simpler UK tax regime
and warned British legislators on Tuesday that the current
system was too complex and could stifle business.




Partners from four top buyout firms answered questions from
a Treasury Committee for more than an hour, amid increased
scrutiny of the sector after a takeover spree that has included
household names such as drugstore chain Boots.


Read more at Reuters.com Mergers News

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