The Resurgence of Qualified Opportunity Zone Issues: Recent Tax, Enforcement, and Legislative Matters


Not long ago, it was hard to go anywhere without hearing about Opportunity Zones. Time passed, and attention waned. That will soon change, though. Why? Some taxpayers recently maximized their tax-reduction abilities, the chance to defer taxes on prior capital gains will end soon, permanent exclusion of certain passive income from taxes will be accessible in the near future, the IRS is focusing on two groups heavily involved in Opportunity Zones (i.e., high-income individuals and large partnerships), and Congress is considering changes to the rules in 2025. This article, which expands on two earlier ones, addresses these key issues and others.

Read the full article here.

About Hale E. Sheppard
HALE E. SHEPPARD, Esq. (B.S., M.A., J.D., LL.M., LL.M.T.) is a partner at Eversheds Sutherland.  He defends clients in tax audits, tax appeals, and Tax Court litigation, covering both domestic and international issues.

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