Mead nominates 'opportunity zones' across Wyoming for special federal tax benefits
Monday, July 09, 2018
Gov. Matt Mead has recommended 25 neighborhoods and regionsacross Wyoming for special tax benefits under the federal Republican tax plan passed by Congress a few months ago. If approved by the Treasury Department, individuals and companies would be allowed to defer tax on any earnings invested in the designated areas, which are all low-income, until 2027.
The governor based his list off a proposal from the Wyoming Business Council, which worked with local economic development organizations and other groups to identify promising communities.
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