Tax Cuts and Jobs Act of 2017
The Tax Cuts and Jobs Act of 2017 (TCJA) created a new investment incentive program called the Qualified Opportunity Zone or QOZ. Its purpose is to promote growth in economically challenged areas or "zones" by stimulating investment activity in those "zones."
Qualified Opportunity Zones
There are approximately 8,700 "zones" that have been selected by the Governors of each state and then designated by the Federal government as Qualified Opportunity Zones within the United States.
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As with any new income tax strategy, especially the ones that are designed to stimulate economic investment activity, Qualified Opportunity Zone Investments create their own complexities and confusion.
The Exeter Group Unravels the Mystery of Qualified Opportunity Zone Investments during an interview with David Levinson, American Trust Investment Services, on Go Ahead, ASK!
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