IRS guidance in 2018 left considerable uncertainty as to how qualified opportunity funds could be designed to deploy capital in such a way to qualify their investors for their desired tax benefits, particularly where the funds were to invest in operating businesses rather than specific real estate projects. In a recent Bloomberg Tax podcast, Gunster attorney Alan Lederman weighs in on the favorable and unfavorable aspects of the 2019 proposed regulation package and some remaining uncertainties.
Lederman concentrates his practice in tax law where he has considerable experience in most aspects of income tax planning and income tax controversies, including those related to international transactions. His clients range from major multinational corporations to local businesses. Lederman is a nationally known author and speaker.
Listen to the podcast: Attorneys for qualified opportunity funds discuss the 2019 proposed regulations
