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U.S. Impact Investing Alliance Asks IRS to Collect, Make Available Opportunity Fund Info

Friday, September 7, 2018 - 1:00PM

The U.S. Impact Investing Alliance, a group of more than 800 investors and financial intermediaries, addressed a letter this week to Treasury Secretary Steven Mnuchin asking that he instruct the Internal Revenue Service or another agency to collect and then provide data on opportunity funds that participate in the opportunity zones incentive. The letter specifies information to be reported at least annually and made available to opportunity fund managers.

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