Tag: Steven Mnuchin
Treasury Releases Final Rules on Opportunity Zones
The U.S. Treasury Department and the Internal Revenue Service have issued final regulations implementing the opportunity zone tax incentive.
Opportunity zones, created by the Tax...
Treasury Department Releases New Guidance on Opportunity Zones Program
The U.S. Department of the Treasury has issued its much anticipated second set of proposed regulations related to the new opportunity zones tax incentive....
IRS Reschedules Public Hearing on Opportunity Zones
The Internal Revenue Service has rescheduled its public hearing on investing in qualified opportunity zone funds after the previous meeting to be held on...
IRS Cancels Today’s Opportunity Zone Meeting Due to Government Shutdown
The Internal Revenue Service has canceled today’s public hearing the opportunity zones, as most of the agency’s employees remain furloughed due to the ongoing...
Trump Launches Opportunity Zone Investment Council
President Donald Trump has signed an executive order establishing a White House council that will determine how to use taxpayer dollars to revitalize low-income...
Origin’s Opportunity Zone Fund Receives $105 Million In Commitments in 17...
Origin Investments, a Chicago-based private equity firm, has received $105 million in commitments from 425 investors for its new qualified opportunity zone fund within...
Puerto Rico Governor Introduces Opportunity Zone Legislation
Puerto Rico Governor Ricardo Rosselló Nevares has sent a bill to the Legislative Assembly to create incentives that promote opportunity zone investments in Puerto...
Treasury Department Issues Guidelines on Opportunity Zone Program
The Treasury Department has issued its much-awaited guidelines for the new opportunity zone program which offers significant tax benefits to investors that make long-term...
