John G. Balboni
Sullivan & Worcester LLP
Articles
2020 Census Results Have No Impact on Boundaries of Opportunity Zones
USA - May 17 2021 The IRS has issued Announcement 2021-10 (the “Announcement”) in response to public questions regarding the potential effect the 2020 Census results…
Latest Proposed Regulations Provide Needed Guidance on the Working Capital Safe Harbor
USA - April 22 2021 Nestled within the new proposed regulations issued by the IRS on April 12 (the "Proposed Regulations") that mainly address foreign investors is…
Opportunity Zone Regulations - White Paper
USA - April 19 2021 A federal law passed in December 2017, usually referred to as the "Tax Cuts and JOBS Act" (though that is not its technical name) added a section…
Internal Revenue Service Provides Additional COVID-19 Related Relief for Opportunity Zones Investors
USA - January 20 2021 On January 19, 2021, the Internal Revenue Service (“IRS”) issued Notice 2021-10 (the “Notice”), which provides relief for Opportunity Fund investors…
Opportunity Zone Best Practices - Not All Extensions are Automatic
USA - June 17 2020 The IRS recently issued additional Opportunity Zone-related guidance, Notice 2020-39, that grants extension relief with respect to five specific…
