Final Opportunity Zone Treasury Regulations Released

*Provided by jdsupra "Treasury has issued two prior sets of proposed regulations. The Final Regulations consolidate these proposed regulations as well as change various parts to reflect comments received on the rules over the last two years. Among the changes that were made, the Final Regulations clarify aspects of the 180-day investment period, clarify how [...]

2019-12-31T11:05:04-08:00December 31st, 2019|CALED News, Econ Dev News|

Opportunity Zones Aren’t a Gimmick—They’re a Legitimate Investment Option

*Provided by Fortune.com "Among the many benefits, the initiative allows investors to defer tax on capital gains by investing in Qualified Opportunity Funds (QOF), vehicles organized specifically for injecting money into designated Opportunity Zones. Additionally, the longer an investment is held in a QOF, the lower the capital gains tax liability. Through step-up of basis [...]

2019-10-07T16:42:35-07:00October 7th, 2019|CALED News, Econ Dev News|
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