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.



from Techmeme http://www.techmeme.com/181018/p5#a181018p5