STATES MAY SOON GET ACCESS to a mountain of information about the funds tied to Opportunity Zones, a federal program offering tax breaks on capital gains from investments in economically distressed census tracts.
- Detailed data has been going to the IRS, but has not been shared publicly due to privacy concerns. States have long sought the data to assess the program’s benefits and perhaps decide to supplement projects with their own tax breaks.
- Transparency language is part of a broader provision within the tax-and-spending bill President Donald Trump signed on Friday that permanently extends the Opportunity Zones program, which was ...