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What the New Opportunity Zone Rules Don’t Tell You

More answers are expected from the Treasury Department by the end of the year, says Mayer Brown’s David Burton.

David Burton

WASHINGTON, DC–When the US Treasury Department released long-awaited guidelines to investing in the Opportunity Zones last week it made it very clear that it was going to issue more guidelines at some point before the end of the year. “They were quite candid and direct that those rules were not the full universe of what they needed to address,” Mayer Brown Tax Transactions & Consulting practice partner David Burton tells GlobeSt.com.

To be sure, the new rules gave enough certainty to many investors that had been sitting on the sidelines, waiting for more clarity around certain issues.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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