On December 6, 2019, the Treasury announced that the final regulations had been issued and sent to OMB for approval. On December 19, 2019, the final regulations package, totaling over 500 pages, was officially published....more
The Treasury Department has just released the second round of proposed regulations on opportunity zones. This 169-page regulatory package addresses some of the questions raised after the first round of regulations, and may...more
The Opportunity Zone industry is getting substantial attention, as noted by the enclosed article published by the New York Times related to "Wall Street, Seeking big tax Breaks, Sets Sights on Distressed Main Streets." ...more
Saul Ewing Arnstein & Lehr LLP attorneys Ronald Fieldstone, Rohit Kapuria, Jay Rosen and Roger Bernstein attended the Opportunity Zone Expo Conference in Los Angeles on January 25, 2019. Much to their surprise, the...more