Opportunity Zones

GPTKB entity

Statements (38)
Predicate Object
gptkbp:instanceOf economic development program
gptkbp:administeredBy gptkb:Internal_Revenue_Service
gptkb:U.S._Department_of_the_Treasury
gptkbp:appliesTo designated census tracts
gptkbp:createdBy gptkb:Tax_Cuts_and_Jobs_Act_of_2017
gptkbp:criticizedFor lack of transparency
limited impact on poverty reduction
benefiting wealthy investors
potential gentrification
gptkbp:designation certified by U.S. Treasury
nominated by state governors
gptkbp:enactedBy gptkb:United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label Opportunity Zones
gptkbp:investmentVehicle gptkb:Qualified_Opportunity_Fund
gptkbp:locatedIn gptkb:United_States
gptkbp:minimumInvestment corporations
individuals
partnerships
trusts
gptkbp:monitors gptkb:Government_Accountability_Office
gptkb:U.S._Department_of_the_Treasury
gptkbp:offers tax incentives
capital gains tax deferral
capital gains tax reduction
potential capital gains tax exclusion
gptkbp:purpose spur economic development
encourage investment in distressed communities
gptkbp:region over 8,700
gptkbp:relatedTo gptkb:tax_law
community development
urban revitalization
gptkbp:signedBy gptkb:Donald_Trump
gptkbp:startDate 2017
gptkbp:subjectOf gptkb:media
academic research
policy debate
gptkbp:bfsParent gptkb:Tim_Scott
gptkbp:bfsLayer 5