Opportunity Zone (or “OZ”) investment was hailed in 2018 and 2019 as the hottest and most innovative way of attracting significant private capital to distressed communities in the United States and its territories by offering...more
2/7/2020
/ Capital Gains ,
Community Development ,
Critical Infrastructure Sectors ,
Economic Development ,
Fund Managers ,
Investment Funds ,
Investment Opportunities ,
Investors ,
IRS ,
Low Income Housing ,
Low-Income Issues ,
New Regulations ,
Opportunity Zones ,
Public Finance ,
Real Estate Development ,
Regulatory Requirements ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Tax Incentives ,
Tax Reform
On October 5, 2016, the IRS and Treasury released a package of new regulations under Code sections 707 and 752 designed to curtail the use of debt to reduce tax on the contribution of appreciated assets to leveraged...more
The Protecting Americans From Tax Hikes Act of 2015 (the "PATH Act"), expected to be soon passed by Congress and signed into law by President Obama, permanently extends the 100% exclusion for gain recognized on the sale of...more