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How a Tax Perk Can Turn a Paper Mill Into a Fish Farm

How a Tax Perk Can Turn a Paper Mill Into a Fish Farm

FromTalking Tax


How a Tax Perk Can Turn a Paper Mill Into a Fish Farm

FromTalking Tax

ratings:
Length:
22 minutes
Released:
May 9, 2019
Format:
Podcast episode

Description

Place-based tax incentives, like the opportunity zones program or new markets tax credit, have the potential to correct economic disparity between thriving cities and communities hungry for capital investment. The Opportunity Zones tax break under tax code Section 1400Z has attracted avid interest from investors since its creation in the 2017 tax overhaul. John Lettieri, president and CEO of the Economic Innovation Group, a Washington-based think tank behind the opportunity zones program, talks with reporter Siri Bulusu about previous tax incentive programs, access to the American Dream, and some of the more interesting business proposals that would make use of the tax perk.
Released:
May 9, 2019
Format:
Podcast episode

Titles in the series (100)

Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, lawyers, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered.