[PDF.10rr] Sovereign Wealth Funds: A Legal, Tax and Economic Perspective: 1
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Sovereign Wealth Funds: A Legal, Tax and Economic Perspective: 1
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Although they’ve existed for many years, the first decade of the 21st century saw a substantial surge in the assets of sovereign wealth funds (SWFs). This, coupled with a more aggressive investment style, has resulted in a much greater awareness, by both governments and the public, of SWF activity. In turn, this has generated an ongoing policy debate about the proper role of government regulation and taxation of these funds.
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