Category: Tax
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Opportunity Zone Tracking Difficult Amid Federal, State Overlap
States piggybacking on the federal opportunity zone program have poured millions into tax incentives to spur the construction of apartment buildings, boutique hotels, and commercial real estate projects.
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Texas Ponders What’s Next for Big-Money Tax Breaks
Companies have rushed to apply for an expiring Texas program that offers hefty school district property tax abatements for new manufacturing and renewable energy projects.
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Puerto Rico’s Opportunity Zone Program Has Sluggish Start
Four years after the federal law was enacted, the local government has approved only one opportunity zone decree and it’s in the heart of the capital city’s financial district.