How Silicon Valley's rich can defer or even avoid capital gains tax, via a provision that Sean Parker helped craft, by investing in low-income Opportunity Zones (Theodore Schleifer/Recode)


Theodore Schleifer / Recode:
How Silicon Valley’s rich can defer or even avoid capital gains tax, via a provision that Sean Parker helped craft, by investing in low-income Opportunity Zones — Sean Parker crafted a little-known part of the tax code called Opportunity Zones. Now every one-percenter in Silicon Valley wants in.
How Silicon Valley's rich can defer or even avoid capital gains tax, via a provision that Sean Parker helped craft, by investing in low-income Opportunity Zones (Theodore Schleifer/Recode)
Source: Tech Meme