hedge fund manager John A. Paulson

For hedge fund manager John Paulson, however, late payment would be more costly. It is estimated that he must pay approximately $1bn in taxes by Tax Day 2018. There is perhaps no more signal evidence of the unequal distribution of income than a tax payment of this magnitude by one individual.

John Paulson will have to pay $1 billion in taxes this year because of a tax loophole that is now closed. The hedge-fund manager made billions betting against subprime mortgages and was able to store the earnings in an offshore account for a decade. Paulson is a friend of Donald Trump, but his ...

US investor John Paulson will have to pay about $1 billion in federal and state taxes by April 17, according to the Wall Street Journal, on top of $500 million he already paid to the Internal Revenue Service in 2017. Published April 12, 2018 | Photo by Reuters/Las Vegas Sun/Steve Marcus. A gambler counts out cash while ...

Hedge fund manager owes $1 billion to the IRS this year for tax day. 4:10 PM ET Wed, 11 April 2018. WSJ's Gregory Zuckerman discusses Paulson & Co. Founder John Paulson owing over $1 billion to the IRS. Watch CNBC Live TV ...

... economics and low metals prices (GLD) (SLV), leading to increased financial leverage for miners without a corresponding rise in production. Investors usually like profitable, sustainable companies. Billionaire hedge fund manager John Paulson calculates that mistimed deals have led to gold write-downs ...

In September 2016, when the hedge fund manager John Paulson asked Trump what would be his criteria in choosing senior administration officials, Trump responded: “Track record, great competence, love of what they're doing, how they're getting along with people, references, I mean no different than ...

John Paulson, the billionaire head of Paulson & Co., reduced or sold many different holdings, including Facebook (FB), while adding shares in a number of telecom companies, according to his 13F filing for the third quarter. The investment changes were noted by Guru Focus. Investors across the country ...

John A. Paulson is one of the best-known names in the hedge fund industry. ... And while Mr. Paulson is not the only hedge fund manager to see large investors pull their money in recent years, he has become a symbol of what some pension funds have taken issue with for the industry at large: big fees for ...

Tax Day has just past us. A stack of 1099s in a zip lock bag can be a daunting challenge to face – and I have – but at least it didn't come with a $1 billion tax bill. Can you believe that? It isn't an exaggeration! Hedge fund manager John Paulson owes $1 billion in taxes according to the Wall Street Journal.