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Wall Street, Seeking Big Tax Breaks, Sets Sights on Distressed Main Streets

Hedge funds and other wealthy investors are plowing money into so-called opportunity zone funds, a creation of the 2017 tax law that provides incentives for spending on projects in poor areas. [Source]

Publication Date:

Origin: nytimes.com

Category: Venture Capital

Topics: funds, areas, projects, spending, incentives, provides, creation, opportunity, so-called, money, plowing, investors, wealthy, Hedge, Streets, Distressed, Sights, Breaks, Seeking, Street

Source: https://www.nytimes.com/2019/02/20/business/taxes-hedge-funds-investors-opportunity-funds.html?partner=rss&emc=rss