Opportunity Zones
Our multidisciplinary Opportunity Zones Team includes lawyers from our Tax, Business and Corporate and Real Estate groups, who are experienced in advising clients on the federal Qualified Opportunity Zones program. We provide guidance to all potential Opportunity Zone participants, including institutional investors, developers, banks, private equity and venture capital firms, fund sponsors, private investors, family offices, and nonprofits.
We counsel clients on the full range of issues, rules and requirements related to Opportunity Zones and Qualified Opportunity Funds, including the following:
- Eligibility for capital gains deferral
- Fund and business formation
- Structuring investments
- Regulatory compliance
- Tax benefits and obligations, including additional developments, guidance and clarifications issued by the Treasury Department and the IRS
- Accessing capital markets and related transactions
- Complying with applicable federal and state securities laws (including registering the fund sponsor as an investment adviser or qualifying for an exemption)
- Combining Qualified Opportunity Zone opportunities with other incentive programs
In order to keep clients up-to-date on developments and opportunities in this area, lawyers in our Opportunity Zones Team frequently conduct webinars, give presentations and author articles for professional and business associations.