Insights
Foreign Opportunity Zone Investors Face Hurdles Under New Rules
Bloomberg Tax
April 13, 2021
Daniel Ryan was quoted in the article "Foreign Opportunity Zone Investors Face Hurdles Under New Rules," which was published by Bloomberg Tax [sub. req.] on April 13, 2021.
In the article, Dan notes that due to the level of detail required in applications for certain tax relief under these new rules, "if there's a large volume of requests for certificates it's going to be very difficult for [the IRS] to process them."