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The Biggest Surprise in the QOZ Regs Is How Many Surprises There Are

David S. Neufeld

Those following the developments in the world of Qualified Opportunity Zones—those tax benefits derived from investing in economically disadvantaged areas—will already know that the highly anticipated second set of proposed regulations came out on April 17. Once we got past the sheer volume of this set of regs on top of the many pages containing the first set, we realized that these regs contain gifts for the right taxpayers.

In an article soon to be published by David Neufeld, a member of Flaster Greenberg’s Tax Department, he unearthed several surprises. These include:

 This is a gift that will keep on giving.

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