Investing in Opportunity Zones

Steven M. Kennedy, Director, PwC

Jeff Schaffart, Shareholder, Koley Jessen

This session will discuss Opportunity Zones, an economic development tool designed to stimulate economic development and job creation in economically disadvantaged communities throughout the U.S. Taxable investors have shown strong interest in the potential for preferential treatment of capital gains that are reinvested in qualified opportunity investments, but many questions remain as the regulation continues to take shape. This session will discuss the evolving rules of Opportunity Zones – from both a tax and legal perspective – and explore the potential benefits of investing in Opportunity Zone investments to provide clarity for family offices considering the strategy.