On Friday, October 19, 2018, Treasury issued much anticipated proposed guidance on Opportunity Zones. The documents define the type of gains that are eligible for deferral, specifics on various timelines, and many other relevant issues. This first round of guidance will help clarify the process that investors need to follow to help potentially defer and reduce capital gains along with possibly excluding taxes on gain for Opportunity Zone investments. To learn more please visit the Opportunity Zone Resource Center on our website.
The global market for human resources outsourcing was approximately $32.8 billion in 2020 and is projected to rise to $45.8 billion by