Randall Minor, a shareholder in the Firm’s Real Estate and Economic Development practice groups, represented Maynard Cooper in the Birmingham Business Journal’s Table of Experts: Insights into Opportunity Zones. This edition of Table of Experts was released in the May 17 issue of the Journal. Randall was one of three area business leaders who served as an “expert” to provide details on the Opportunity Zone program.
“If a company has an exit opportunity that arises prior to the 10-year anniversary of the Opportunity Zone investment, the significant tax benefit on any appreciation could be neutralized as a result of the sale…” stated Randall. Topics covered in the article include what an opportunity zone is, what do you need to know before setting up an opportunity fund, and what are the benefits of the opportunity zones program. To read the full article, please click here.