| TAX REFORM LEGISLATION | ECONOMIC DEVELOPMENT |
|---|---|
| H.R. 1, signed into law on December 22, 2017, created the new tool for community development, designed to provide tax incentives to help unlock investor capital to fund businesses in underserved communities. | Provides incentives for investors to invest in capital-starved urban and rural areas. Opportunity zones make these areas attractive targets for investment for the holders of capital gains. |
| INVESTING IN OZs | INVESTING TIMEFRAME |
|---|---|
| Investments in Opportunity Zones are made through Qualified Opportunity Funds. You must make your investment through a Qualified Opportunity Fund in order qualify for any benefits. | Beginning on the date of the sale that results in some capital gain, a taxpayer has 180 days to reinvest the amount of gain to be deferred in a Qualified Opportunity Fund. |
OPPORTUNITY ZONES IN THE US
Created by OpportunityDb.com