Page 13 - Kenan Fikri News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Kenan fikri. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Kenan Fikri Today - Breaking & Trending Today

Opportunity zones are the tax shield tech wanted — but is it living up to expectations?


Opportunity zones are the tax shield tech wanted but is it living up to expectations?
June 3, 2021 at 9:01 am
A rendering of Canton Lofts, an opportunity zone housing development in Seattle’s Pioneer Square neighborhood. (Nitze-Stagen Image)
It’s been more than three years since Republicans unveiled a plan to encourage high-net worth Americans to invest in economically distressed areas as part of the 2017 tax overhaul. Opportunity zones were billed as a tool to lift up communities left behind by the modern economy and if the wealthy got a generous tax break in the process, all the better.
The program was the brainchild of several high-profile investors from the tech industry, where soaring stocks lead to big gains. By immediately investing those gains into a fund in a designated opportunity zone, investors can defer their capital gains tax and avoid paying taxes on the profits of the new investment altogether. ....

United States , San Francisco , Jeff Feinstein , Kenan Fikri , Joe Biden , Sean Parker , Data Solutions , Us Chamber , Economic Innovation Group , University Of California Berkeley , Canton Lofts , Pioneer Square , Nitze Stagen Image , Director Kenan Fikri , Capitol Hill , California Berkeley , West Coast , Leo Backer , ஒன்றுபட்டது மாநிலங்களில் , சான் பிரான்சிஸ்கோ , ஜெஃப் ஃபைன்ஸ்டீன் , ஓஹோ பிடென் , சீன் பார்க்கர் , தகவல்கள் தீர்வுகள் , எங்களுக்கு அறை , பொருளாதார கண்டுபிடிப்பு குழு ,