IRS Issues Long Awaited Opportunity Zone Guidance

Qualified Opportunity Zone Alert

Date: October 23, 2018

On October 19, 2018, the IRS released 74 pages of proposed regulations, a separate Revenue Ruling, a draft form and draft form instructions.

We will provide analysis and insight as we review these documents and assess how they may impact projects.

FOR MORE INFORMATION

For more information, please contact:

Tracey A. Nichols*
Director of Financial Services, PMC
216.566.5825
Tracey.Nichols@AboutPMC.com

Ryan P. Sommers, CPA*
Managing Director of Financial Services, PMC
216.566.7887
Ryan.Sommers@AboutPMC.com

Kenneth S. Kalynchuk*
Senior Financial Analyst, PMC
216.566.5832
Ken.Kalynchuk@AboutPMC.com

*Not licensed to practice law.

Project Management Consultants (PMC), a wholly owned subsidiary of Thompson Hine, advises the development community in Ohio and across the country on a broad range of incentives and government programs such as Historic Tax Credits and New Market Tax Credits. Our financial consultants provide comprehensive guidance on optimizing investments and maximizing tax-free gains on eligible projects.