On October 19, 2018, much-awaited guidance was released by the IRS and Treasury Department on the application of the opportunity zone program. The guidance came in the form of Proposed Regulations and a Revenue Ruling (Rev....more
10/25/2018
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Community Development ,
Economic Development ,
Investment Funds ,
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Opportunity Zones ,
Proposed Regulation ,
Qualified Opportunity Funds ,
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Tax Deferral ,
Tax Planning ,
U.S. Treasury
On June 14, 2018, the U.S. Treasury Department and the Internal Revenue Service announced the final round of census tracts in low-income communities in the State of Florida which are designated as “qualified opportunity...more
On May 10, 2016, the Treasury Department issued proposed regulations (the Proposed Regulations) which enable the Internal Revenue Service (IRS) to collect certain information about domestic disregarded entities with a single...more