Monday, December 17, 2018 - 5:00pm
Opportunity Zones are a newly established Federal Tax incentive for certain designated census tracts. This is being used across the U.S. for manufacturing, housing and other developments as a way to invest capital gains into those projects to reduce Federal capital gains taxes or eliminate them entirely. CPA and investment firms are establishing Opportunity Zone Funds as a conduit between investors and the projects. The link below is from the WA State Dept. of Commerce and provides much more specific information. The Kelso and Longview Opportunity Zones are on the map in green.