The new opportunity zone program creates exciting new tax benefits for individuals, as well as opportunities for fund sponsors, investors and businesses, while providing an important new source of investment capital for low-income communities. The new program was created as part of the Tax Cuts and Jobs Act enacted Dec. 22, 2017, and is intended to encourage investment, development and redevelopment in low-income communities designated as qualified opportunity zones (QO Zones). More than 8,700…
Comment on Commentary: Opportunity Zones create benefits for taxpayers, low-income neighborhoods
Michael Donovan, David Lemkemeier and Ryan Furtick, Biz Journals
Thu, 11/29/2018 - 9:36am
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