Most discussion of the new federal Opportunity Zone program has centered on how its potentially substantial tax benefits could boost investment in real estate in economically-distressed communities. Less recognized, but also significant, is the program’s potential to drive angel and venture capital investment in these struggling neighborhoods. Created as part of the tax bill passed by Congress in 2017, the opportunity zones initiative offers long-term tax breaks for investment in businesses that…
from https://www.bizjournals.com/baltimore/news/2018/12/24/viewpoint-opportunity-zones-may-spur-angel-vc.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/181374954367
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