The OZ Funds rules seem very complicated — when can I expect to see the IRS clarify these rules?

The OZ Funds rules seem very complicated — when can I expect to see the IRS clarify these rules?

The IRS is expected to issue some initial guidance in the form of proposed and temporary regulations shortly, which will address some of the basic issues, such as the self-certification process and who is considered the taxpayer eligible to make the investment in the OZ Fund. Due to the complexity of the OZ Funds legislation, it is expected that additional sets of regulations will be issued as well.

2018-08-21T17:50:07+00:00 August 21st, 2018|