Tax Reform’s New Incentives: Opportunity Zone Provisions for Indian Country

February 15, 2018

2:00 PM - 3:00 PM

Tax Reform’s New Incentives: Opportunity Zone Provisions for Indian Country
Free Webinar: Thursday, February 15, 2018 at 2:00 p.m. EST

The Tax Cuts and Jobs Act included a tax incentive, known as Opportunity Zones that if taken advantage of and acted upon quickly could prove beneficial for Indian County. This new community development program encourages long-term investments in low-income communities by allowing investors to re-invest unrecognized capital gains into an Opportunity Zone Fund itself if held for 10 years. Governors of each state are tasked with the nomination of these zones and must make their nominations within 90 days of December 22, 2017, to designate up to 25 percent of the total number of low-income census tracts in a state. Tribes will need to act quickly if they want to realize the benefits of these provisions. 

In this webinar, our panelists from Holland & Knight will discuss:

  • How Opportunity Zones will be nominated and designated
  • How Opportunity Zone Funds may be formed to direct capital to Indian Country and other distressed areas
  • How investors will be able to obtain tax benefits for investments in Opportunity Zones

Registered attendees will receive the recorded webinar and handouts.