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Transcripts for BBCNEWS BBC News 20220303 09:00:00

This is bbc news. these are the latest headlines in the uk and around the world. kherson become the first major city in ukraine to be captured by russia s forces, as the invasion enters its eighth day. four major explosions engulf the night sky in ukraine s capital, but president zelensky says his nation remains defiant. translation: we are bloat the enemy lans in a translation: we are bloat the enemy plans in a week. translation: we are bloat the enemy plans in a week, plans translation: we are bloat the enemy plans in a week, plans are translation: we are bloat the enemy plans in a week, plans are written - plans in a week, plans are written for years, city, plans in a week, plans are written foryears, city, hateful, full of hatred that our country and our people. the port city of mariupol continues to come under intense shelling as the city s humanitarian crisis deepens. the united nations says the number refugees who have now left ukraine for neighbouring countries has ....

Bbc News , Denazify Ukraine , Armed Forces , Second City , Around The World , Eastern Ukraine , Written Plans , Night Sky , United Nations , Port City Of Mariupol ,

Latest Proposed Regulations Provide Needed Guidance on the Working Capital Safe Harbor | Sullivan & Worcester


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Nestled within the new proposed regulations issued by the IRS on April 12 (the Proposed Regulations ) that mainly address foreign investors is needed relief for current Opportunity Zone projects.
Under the statute, a Qualified Opportunity Zone Business ( QOZB ) must hold less than 5% of its assets as nonqualified financial property, which includes various financial instruments but does not include (i) reasonable amounts of working capital held in cash, (ii) cash equivalents, or (iii) short-term debt. The current Opportunity Zone regulations (the “Regulations”) provide a working capital safe harbor that treats working capital as reasonable for the purposes of the statute if certain requirements are met. In general, the working capital must be subject to a written schedule for its expenditure within 31 months (the Written Plan ). Further, the working capital must be spent in a manner that is substantial ....

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