Partner Kristin DeKuiper was quoted by Law360 Tax Authority regarding the opportunity zone program and how companies in the technology or pharmaceutical sectors could take advantage of similar investment opportunities. Ms. DeKuiper proposed that companies who develop intellectual property could benefit from the guidance that opportunity zone programs provide for real estate ventures.
"The whole starting point is that you need to be 'in a zone,' and other rules come out with what aspect of your business needs to satisfy it."
READ: Extending Opportunity Zone Safe Harbor Could Help Tech Cos. (Subscription Required)
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