Qualified Opportunity Zones 101: What You Need to Know About the Program

Summary: The Tax Cuts and Jobs Acts (TCJA) of 2017 introduced the qualified opportunity zone (QOZ) program under new Internal Revenue Code (IRC) Sections 1400Z-1 and 1400Z-2 to promote economic development in financially distressed areas within the US. A “qualified opportunity zone” (QOZ) is defined as a “population census tract that is a low-income community”…

A New York Minute with Torry Berntsen

An Interview with Torry Berntsen Torry Berntsen, Chief Executive Officer, Americas and Head Corporate & Institutional Banking, Americas, Standard Chartered Bank Published April 1st, 2018 What are you most looking forward to do when the weather warms up in the coming weeks? Probably being outside, playing a bit more golf. I also like to walk…