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Due Date for Qualified Opportunity Funds and Investors Extended by IRS

Due Date for Qualified Opportunity Funds and Investors Extended by IRS

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June 2020

A current IRS Notice builds on prior efforts to provide taxpayer relief by further extending the due date for what is known as the 180-day investment requirement. This Notice could make a significant impact on the operations of qualified opportunity funds (QOFs) and their investors. 

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