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1 bill on this topic
“Most updated Opportunity Zone tax and rental project provisions should start on the date they are enacted, while the longer designation period should apply to Opportunity Zones already in effect on that date.”
1 bill on this topic
“Only money invested after the new polluted-site tax benefits start should qualify. Earlier investments in similar contaminated-site projects would not receive the new tax treatment.”
1 bill on this topic
“Areas that are already Qualified Opportunity Zones should keep their federal tax-favored status for 20 years instead of 10 years.”
1 bill on this topic
“Investors should be able to defer eligible capital gains through 2033 by using Opportunity Zone funds, exclude 10 percent of deferred gain after holding new investments for five years, and defer up to $10,000 of ordinary income through a separate capped option.”
1 bill on this topic
“Investors should have until December 31, 2036, to delay taxes on eligible capital gains by putting those gains into Qualified Opportunity Funds, while older deferred gains would still become taxable by December 31, 2026.”
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