CNNW CNN Newsroom October 21, 2011
so the opportunity zones will allow cities like detroit to qualify for additional exemptions relative to the first nine. right now in the first nine you can deduct purchases if you're a business. you can deduct capital expenditures and net exports. but for those cities that qualify as opportunity zones, you will also be able to deduct a certain amount of your payroll expenses. so you will be insented to put people to work. the other thing about the opportunity zone, is that it just doesn't apply to certain kinds of businesses located in the zone, all businesses would qualify for thos...
Source: archive.org