Los Angeles Chapter meeting on February 15
NOTE: New building security policy. All attendees must register no less than 24 hours in advance of the meeting or they will not be allowed entrance to the building.
Recently, the Tax Cuts and Jobs Act created one of the most powerful tax provisions with respect to both gain exclusion and deferral, namely the Qualified Opportunity Zone Program. In short, the Qualified Opportunity Zone Program incentivizes the long-term investment of capital into designated Qualified Opportunity Zones through three broad tax benefits.
First, taxpayers may defer capital gain by investing such gain into a Qualified Opportunity Zone Fund. Second, and subject to holding period requirements with respect to the Fund interest, taxpayers may eliminate up to 15% of such taxable gain. Third, and subject to additional holding period requirements, taxpayers can potentially eliminate all subsequent gain upon the disposition of the Fund interest itself.
Join us in Century City on Friday, February 15, 7:30–9:00am, when Bradford Cohen and Jamie Ogden, both Partners at Jeffer Mangels Butler & Mitchell LLP will describe the general requirements, mechanics and strategies for investments into Qualified Opportunity Zone Funds in order to maximize the above tax benefits.
The meeting is free for members & $30 for non-members ($40 after February 8). For more information and to register to attend the meeting go to https://adflafeb19.eventbrite.com.
Information about joining The A&D Forum is at https://aerospacedefenseforum.org.
The Los Angeles chapter of The Aerospace & Defense Forum is sponsored by RSM, Jeffer, Mangels, Butler & Mitchell, Chubb, Bolton & Company Insurance Brokers, InVista Associates, and the 62 Mile Club.
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