|Date:||Nov 27, 2018|
Stites & Harbison,PLLC, 400 West Market Street, Suite 1800, Louisville, KY 40202
Please join the Stites & Harbison Opportunity Zone team for a discussion on how the newly issued IRS proposed regulations provide clear and practical guidance on the scope and application of the Opportunity Zone program. We will also update the group on the progress both local investors and developers are making in taking advantage of this program.
- 7:30 a.m. - 8:00 a.m. - Breakfast/Networking
- 8:00 a.m. - 9:00 a.m. - OZ Presentation
Breakfast will be provided.
The Tax Cuts and Jobs Act of 2017 enacted the Opportunity Zone program, which creates a new community investment tool designed to drive long-term capital to eligible low-income urban and rural communities throughout the nation. It provides tax incentives for investors who re-invest their unrealized capital gains into Opportunity Funds which are dedicated to investing into Opportunity Zones.
To learn more about the Opportunity Zone proposed regulations in a recent client alert written by Jim Seiffert and Jack Seiffert, click here.