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.
Treasury Rules Clarify Deferral of Gains from Opportunity Zones
October 23, 2018
You might also like
Take Your Child to Work … All Summer
Achieving the Right Balance of Working Capital
Working capital — the funds your company has tied up in accounts receivable, accounts payable and inventory — is a critical performance metric. During times of rising inflation and interest rates, managers search for ways to free up cash and eliminate waste. However,...