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Treasury Department Forwards Proposed Opportunity Zones Regulations to OMB

Posted by Benjamin Armour on Oct 22, 2018 4:15:00 PM

Client Alert: On September 12, 2018, the Treasury Department announced that its proposed Opportunity Zones Regulations have been forwarded to the Office of Management and Budget ("OMB") for review. This is the final step before the proposed Opportunity Zone Regulations will be issued to the public for comment.

Although proposed Regulations once issued by Treasury are not the final word as proposed regulations can be amended or withdrawn following public comment, the proposed Regulations foreshadow what final Regulations might look like.

Read the full Client Alert here.

Topics: Tax Law, Opportunity Zones

Sullivan

About the Blog


Sullivan's InfO-Zone blog features insight and analysis about Opportunity Zones, written by our multi-disciplinary team of lawyers from our Tax, Real Estate, Affordable Housing and Corporate practice groups. 

The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.

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