Michael Novogradac Details 20 OZ Guidance Issues to Track in Special Edition of Tax Credit Tuesday Podcast
Michael Novogradac, CPA and managing partner of Novogradac, detailed in a special edition of the Novogradac Tax Credit Tuesday podcast 20 issues to track in the forthcoming second tranche of opportunity zones (OZs) guidance. The 20 OZ issues are organized in six categories: compliance testing/calculations, operating businesses, real estate, renewable energy, corporations and fund management. How those issues are addressed by Treasury can help determine the success of the OZ incentive.
These points are also outlined in a Notes from Novogradac blog post and the guidance will be discussed at the Novogradac 2019 Opportunity Zones Spring Conference in Denver, April 25-26.