Opportunity Zones

Among the objectives of the new code of incentives is to convert Puerto Rico into an investment destination for Opportunity Zone Funds, providing the environment for the creation of local and foreign capital for investment funds in Priority Projects.

Our White Paper on Opportunity Zones, Chapter 12 of Subtitle B of the new Code describes what is a Priority Project, what is considered an eligible business, an eligible area, the terms of the decree, the numerous tax benefits available to the Opportunity Zones Entity. It also addresses the tax credits available for eligible investment, its maximum amount, the maximum percentage of tax credit and how it should be distributed among the investors.

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