TEXARKANA, Texas The Texarkana Independent School District board of trustees approved extending the time for considering a tax abatement agreement with TCI Texarkana Inc. in a regular meeting on Wednesday.
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Many startups looking for venture capital could make their
business more attractive by creating it within or moving it to a
designated Opportunity Zone.
Today, opportunity zones around the United States have the
potential to unleash a whole new class of tax-motivated investors
to create or move successful high-tech companies to lower-income
communities. Opportunity zones enable job creation and
strategic investment in impoverished communities.
In 2017, Congress authorized a new federal Opportunity Zone
program to encourage investment in America s most economically
challenged areas. The program was designed to provide tax breaks