Benefit from the Several Opportunity Zones in The Heart of Texas!
3 Jan 2022
The Heart of Texas region has opportunity zones that can benefit your business! Locating your business in an opportunity zone has several benefits while simultaneously helping improve the economy of low-income communities. The Federal Tax Cuts & Jobs Act of 2017 implemented opportunity zones to help improve economic development in areas with potential for major growth.
Incentives are given to investors and businesses who choose to locate in these zones. One major incentive is the temporary tax deferral given. And if this investment into these zones lasts for 10 years, they permanently are exempt from taxable income. The Heart of Texas region has 11 opportunity zones throughout the area that are prime locations for businesses in any industry. Click here to learn more about the opportunity zones in The Heart of Texas and see why more businesses are choosing to locate here!