The Treasury just issued the long-awaited second round of Proposed Regulations, clarifying some key issues in connection with investing in and forming Qualified Opportunity Funds (QOFs). The issues covered in the first set of Proposed Regulations were favorable to investors. However, the second set of Proposed Regulations contained some surprises. These additional Regulations are only proposed and are potentially open to further revisions based on feedback received by the Treasury.
So, what are the highlights? Watch a recording of this webinar to hear the main points.