The IRS and the U.S. Department of the Treasury released round two of proposed regulations surrounding the Qualified Opportunity (QO) Zone Program today. The 169-pages of regulations address many areas, including:
This much-anticipated round of proposed regulations aims to help investors take full advantage of the new federal program and should make a big impact in 2019. Look for more comprehensive coverage of the regulations available on our site soon.
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Cohen & Company is not rendering legal, accounting or other professional advice. Information contained in this post is considered accurate as of the date of publishing. Any action taken based on information in this blog should be taken only after a detailed review of the specific facts, circumstances and current law.
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