Qualified Opportunity Zones and Tax Credits: IRS Regulations, Capital Gain Deferral Mechanisms, Section 1400Z
Online Webinar
Blank Rome partner Michael I. Sanders will co-present the Federal Bar Association and myLawCLE live webinar, Qualified Opportunity Zones and Tax Credits: IRS Regulations, Capital Gain Deferral Mechanisms, Section 1400Z, taking place Wednesday, June 24, 2022, from 2:00 to 4:10 p.m. EDT (11:00 a.m. to 1:10 p.m. PDT).
ABOUT THE PROGRAM
The Qualified Opportunity Zone (“OZ”) program encourages economic growth in distressed communities and subsidizes growing businesses, through capital gain deferrals and exclusion from gross income on investments held for at least 10 years. The program’s success has exceeded the anticipated projections when enacted in 2017. Although the Treasury Regulations are quite extensive and raise numerous technical issues, various planning techniques have been developed that enable individuals and businesses to take advantage of the incentive to invest capital and raise funds in a syndicated model. Topics to be covered include:
- Opportunity zone structure and benefits including working capital safe harbor and other open issues
- Legislative outlook: OZ transparency, extension, and Improvement
- Comparison of Section 1031 vs. OZ tax benefits
- Potential foot faults and traps for the unwary
- Best practices
PRESENTERS
- Michael Sanders, Partner, Blank Rome LLP
- Gordon Goldie, Partner, Plante Moran
For more information and to register, please visit the webinar webpage.