Senior Treasury Official to Address Opportunity Zone Rules
Daniel Kowalski, Counselor to U.S. Treasury Secretary Steven Mnuchin, will discuss
IRS guidance regarding tax incentives to invest in distressed areas at the
Coasis Coalition Opportunity Zone SuperConference in Plano, Texas
Daniel Kowalski, Counselor to U.S. Treasury Secretary Steven Mnuchin, will give an update on the IRS’s guidance regarding Opportunity Zones. Opportunity Zones tax incentives are emerging tools for financing real estate and companies in under-served areas. They provide capital gains tax relief to incentivize investment in over 8,700 designated distressed communities in all fifty states and the U.S. territories.
“Mr. Kowalski’s broad and high-level policy duties at Treasury include spearheading the development of IRS guidelines and reporting for the Opportunity Zone program,” said Gerry Reihsen, founder of Dallas-based Coasis Coalition Companies PB LLC, which is hosting the event.
Mr. Kowalski added, “Our goal is to provide clarity for investors and communities so that capital will be deployed to revitalize America’s distressed areas and ensure that more Americans experience economic growth and our nation’s robust job market.”
Kowalski is one of 30-plus top Opportunity Zone experts coming to Dallas from across the nation to speak at the conference. Created by the 2017 Tax Cuts and Jobs Act, Opportunity Zones are low-income areas designated for revitalization.
More information and tickets:
About Coasis Coalition Companies:
Coasis Coalition Companies PB LLC is an umbrella public benefit company that provides support, services and products to the Opportunity Zone ecosystem, including its economic players, agencies and organizations that are historically dedicated to assisting under-invested communities and the residents of those communities.
Email: [email protected]
For the original news story, please visit https://www.prdistribution.com/news/senior-treasury-official-to-address-opportunity-zone-rules/4207398.