BY: OMAR IZFAR, ATTORNEY, WILSON CRIBBS+GOREN The Tax Cuts and Jobs Act of 2017 establishes a federal tax incentive for deferring andpartially exempting capital gains for investments made into a “Qualified Opportunity Fund” which may own business property within “Qualified Opportunity Zones.” In March, Governor Abbott designated 150 Opportunity Zones in the metro Houston area […]
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