Opportunity Zone rule change seeks to entice foreign investors

Potential changes to the rules for Opportunity Zones could soon allow some foreign investors to reap major tax benefits from the program. The Internal Revenue Service is considering new rules pertaining to foreign investors’ ability to defer capital gains in the Opportunity Zones program. The new regulations could be released in December, according to the White House Office of Management and Budget. The extent of the changes is unclear, but experts predict they will be

source https://therealdeal.com/2020/09/25/opportunity-zone-rule-change-seeks-to-entice-foreign-investors/