OZ Pitch Day - June 13, 2024
$1 Million Investment from Erie Insurance Brings Growth to Opportunity Zone Business
The IRS recently confirmed the boundaries of the Opportunity Zones were established at the time they were designated and not subject to change due to the 2020 Census. The OZ marketplace had eagerly awaited guidance on this critical issue. The IRS Announcement 2021-10 stated, “Accordingly, boundaries of a Designated QOZ do not shrink or…