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Structured as a business development
company, NGPC:
· Distributes 98% of taxable income
(Yield-oriented)
· Generates capital gains in addition to
current income (Capital appreciation)
· Is not taxed at the corporate level (No
double taxation)
· Does not generate Unrelated Business
Taxable Income (Can be owned in
retirement accounts)
· Uses leverage to boost investor returns
(More capital put to work)

Taxation:
· Regulated Investment Company: No double
taxation
· Dividends: Primarily Ordinary Income
(not Qualified Dividends)
· Reporting: 1099 (No
K-1) |