By now you have probably seen that the Internal Revenue Service (the “IRS”) and the Treasury Department issued proposed regulations and Revenue Ruling 2018-29 on October 19, 2018, clarifying some of the big questions looming...more
11/8/2018
/ Capital Gains ,
Community Development ,
Economic Development ,
Investment Funds ,
IRS ,
Opportunity Zones ,
Proposed Regulation ,
Qualified Opportunity Funds ,
Real Estate Development ,
Real Estate Investments ,
Tax Cuts and Jobs Act ,
Tax Deferral
On April 18, the Treasury Department certified the list of 158 Opportunity Zones submitted by Governor Kay Ivey on March 21, 2018. This certification marks the last step in the Opportunity Zone selection process and means...more
On March 21, 2018, Governor Ivey announced Alabama’s Opportunity Zones by submitting eligible census tracts to the U.S. Treasury Department for certification. Alabama has created 158 Opportunity Zones using the maximum number...more
The Tax Cuts and Jobs Act (Pub. L. 115-97, referred to herein as the “Act”) provides new incentives for investing in certain low-income communities called “Opportunity Zones.” This briefing provides an overview of the new...more
2/13/2018
/ Business Opportunity Laws ,
Capital Gains ,
Community Development ,
Economic Development ,
Investment Funds ,
New Market Tax Credits ,
Opportunity Zones ,
Popular ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Tax-Deferred Exchanges