Tax,
Real Estate/Development,
Government
Apr. 19, 2019
Treasury releases long-awaited QOZ regulations
There are still legitimate reasons to sit on the sidelines. But confusion over the rules is no longer one of them.
On Wednesday, the U.S. Department of Treasury released proposed regulations relating to qualified opportunity funds. Until now, investors have been slow to embrace these funds, in part because of lingering questions about their tax treatment. With these latest regulations, the most important tax questions have been resolved, and investors can focus on the economics of the deal.
Congress created QO funds in 2017 to encourage investmen...
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