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Treasury Designates Opportunity Zones for Hawaii, Louisiana

Wednesday, May 16, 2018 - 1:15PM

The Treasury Department today designated qualified opportunity zones (OZs) in Hawaii and Louisiana. Investors in qualified opportunity funds that make investments in qualified OZs can defer tax on prior gains until no later than Dec. 31, 2026. Treasury has yet to designate OZs for 28 states, Washington, D.C., and Guam.

Learn more about the OZ incentive June 6 during the Opportunity Zones Workshop before the Novogradac 2018 New Markets Tax Credit Spring Conference.

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