Dan Cullen testifies at Treasury Department hearing on Qualified Opportunity Zone regulations.
Qualified Opportunity Zones have the potential to be a dynamic investment tool that can revitalize communities across the country. The IPA supports further clarity around Qualified Opportunity Zone investments that contribute to a more efficient market with capital flowing to its best use, and that encourages investors and funds to remain committed and invested in the designated communities.
The IPA would like to extend our sincere gratitude to Dan for his continued leadership and commitment on these important issues. We look forward to continuing to work with the Treasury Department and the IRS as they finalize the current round of proposed regulations, and we will be submitting additional comments on the next tranche of proposed regulations.
Sincerely,
Anya Coverman
SVP, Government Affairs & General Counsel