Divident REIT

Hi,

Does anyone know if qualified dividends which are still taxed at preferred rate to gp would still be taxed at preferred rate and not subject to tax or carve out or limit?

For example if hypothetical portfolio is only shares of coke and that coke share in portfolio receives dividends but is not sold and dividend portion is allocated to gp does the gp still receive at preferred rate even though dividend is 5mm for example and GPS personal tax from other investments outside of fund is 10mm plus .

"Some Changes to the Tax Rate Applicable to Individual Investors’ Income. • House’s 25% Rate:
• Under the House bill, there is a new 25% tax rate for individuals investing in partnerships. However, that rate does not apply to capital gains and qualified dividends (which will continue to benefit from the lower rates under current law), or to most interest income, and certain other categories of income. As a result it should not affect the large majority of income typically realized by private investment funds. This change may, however, be beneficial for hedge funds, private equity investments in flow-through entities (like LLCs) and certain other investments."

Thanks