An Opportunity Zone is an economically distressed community
where new investments (under certain conditions) may be eligible
for preferential tax treatment. Localities qualify as Opportunity Zones
if they have been nominated for that designation by the state and
certified by the Secretary of the U.S. Treasury via delegation of authority
to the Internal Revenue Service. The Opportunity Zones program was
established by Congress in 2017 and enables investors with capital
gains tax liabilities to receive favorable tax treatment for investing in
low-income, urban, and rural communities. COX Capital Group stands
ready as the “go to” advisor for our clients regarding Opportunity Funds
and Opportunity Zones investments.
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COX Capital Group is a boutique investment banking firm headquartered in New York City.