The recently released proposed regulations relating to gains that may be deferred as a result of a taxpayer's investment in a qualified Opportunity Zone Fund are a mix of surprises that address part of the outstanding questions on this new law. In this 60-minute presentation, Derek Smith and Michael Hill will look at key parts of the proposed regulations and identify related tax planning opportunities.

Learning Objectives

Upon completion of this program, participants will be able to:

• Explain the new qualified Opportunity Zone

• Discuss what we learned and what we expect from additional guidance on the horizon before the end of 2018

• Identify planning opportunities