Michael Williamson will be joined by Joshua Perttula as co-hosts of “Tax Opportunity Zones” webinar.
“Opportunity Zones” are census tracts designated by state governors in which qualifying investments receive substantial tax breaks. The tax breaks include the deferral of federal capital gains tax, the reduction of that tax and the elimination of subsequent capital gains tax on some or all of the appreciation on the investment. A creation of the Tax Cuts and Jobs Act of 2017, Opportunity Zones are intended to stimulate long term investment in low-income census tracts by rewarding investors with meaningful tax benefits.