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08 October 2025

Thursday, October 9 | Private Equity & Private Capital Quarterly Tax Update – Q3 2025 (11:00 a.m.–12:15 p.m. ET)

Please join us for a timely discussion of the latest developments around the globe impacting global PE and PC funds, their transactions, and portfolio companies. 

Our panel of EY Washington Council, and EY tax professionals will highlight cutting-edge trends and the emerging state of play, including:

  • US legislative and tax regulatory update – current state of play in Washington, recap of tax provisions in H.R. 1 reconciliation Act, outlook for future legislative packages related to the government funding and a second reconciliation bill, and recent regulatory guidance and proposals
    • BEPS renegotiation and the direction of travel on trade and tariffs measures
  • PE transaction marketplace update — discussion of recent planning related to H.R.1, the PE deal pipeline, buy-side and sell-side activity, IPOs, credit markets and emerging transaction, structuring, and cash tax modeling trends
  • Continuation funds — recent trends and certain, key considerations related to continuations funds
  • SALT update – discussion of SALT conformity related to H.R.1, pass through entity election (PTET) planning, recent changes to market-based sourcing in CA and IL
  • Individual tax update – planning for fund professionals and portco management teams related to H.R.1 and other year-end considerations
  • Global radar screen – global election super-cycle, breaking news global tax and regulatory guidance that should be on your radar screen

Date: Thursday, October 9, 2025

Time: 11:00 a.m.–12:15 p.m. ET

Registration: Register for this event.

Panelists

  • Morgan Anderson, Managing Director, FSO – Private Equity, Ernst & Young LLP
  • Steve Clausen, Partner, Transaction Tax Private Equity Leader, ITTS, Ernst & Young LLP
  • Joel Friedlander, Principal, FSO – Private Tax, Ernst & Young LLP
  • Jordan Weintraub, Partner, FSO - SALT, Ernst & Young LLP
  • Lisa Wolski, Managing Director, Washington Council Ernst & Young LLP

Moderator

  • Gerald Whelan, EY PE Tax Technical Leader, Principal, Ernst & Young LLP

CPE credit offered: 1.4

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Document ID: 2025-2037

 

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