The Internal Revenue Service has released the first set of proposed regulations clarifying aspects of Qualified Opportunity Zone provisions created by 2017 tax reform legislation. The initiative offers major incentives for those investing in economically distressed communities. Companies may benefit by using these zones for expansions, research, and development.
In this podcast, we look at some of the tax and compliance complexities connected to the new tax incentive initiative with Mayer Greenberg and Kevin Matz, tax experts and partners at the New York-based law firm Stroock & Stroock & Lavan.
Listen to the podcast here (20 minutes, 18 megabytes).
More podcasts can be found here.