Written by Glenn Graff, published by Novogradac Journal of Tax Credits, June 2021, Volume XII, Issue VI

One of the advantages of the opportunity zones (OZ) incentive is that there are few restrictions on the type of business that can be invested into. Real estate investments, technology companies, service companies and many other businesses are possible. However, Congress did choose to prohibit qualified OZ businesses from investing in what are commonly called "sin businesses." 

Click HERE to download the article. 

For additional information, contact Glenn Graff or any of your Applegate & Thorne-Thomsen contacts.