Under the Tax Cuts & Jobs Act, Qualified Opportunity Zones ("QOZ") emerged as a powerful tool for individuals and businesses to significantly minimize taxes on capital gains. With QOZs currently spanning 12% of the land area of the nation, there is a tremendous opportunity to take advantage of this new investment and economic development initiative. The question is, how?
Join us for a captivating webinar addressing how you can defer, reduce, or potentially eliminate taxes on capital gains by reinvesting those gains into qualified opportunity funds. Hear from our QOZ experts on how this exciting program can provide you with additional capital to expand existing businesses, form new businesses, or fund real estate developments -- while spurring economic growth in low-income communities.
This informative webinar will share valuable insights on:
- how an opportunity zone is defined
- the two-pronged tax benefits of investing in a qualified opportunity fund
- meeting the fund asset test
- the optimal structure of a qualified opportunity fund
- unanswered questions