85 tracts in AR ID’d for Benefits; Program Invites New Investments
Arkansas Online


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Eighty-five census tracts across 49 Arkansas counties have been identified by Gov. Asa Hutchinson as possible “opportunity zones” where investors in those areas can have their taxes on capital gains deferred or even eliminated.

The governor’s office sent a list of those tracts to the U.S. Treasury Department on Friday, after having earlier received a 30-day extension to submit the information. The program is part of the new federal tax law passed by Congress in December.