Qualified Opportunity Zones and Select Partnership Issues
Qualified Opportunity Zones and Select Partnership Issues by Libin Zhang, Esq. The 2017 tax act (Pub. L. No. 115-97) created the new concept of qualified opportunity zones (QOZ), which are low-income census tracts in which certain investments are provided tax benefits. On October 19, 2018, the Treasury Department and the Internal Revenue Service released the