Hurricane GO zones: an update on relevant tax provisions.

The Tax AdviserVol. 38 Nbr. 11, November 2007

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Hurricane GO zones: an update on relevant tax provisions.

The widespread devastation left in the wake of hurricanes has resulted in numerous tax provisions aimed at revitalizing and rebuilding the affected areas. Congress passed the Gulf Opportunity Zone Act of 2005, P.L. 109-135 (the GO Zone Act), in response to Hurricane Katrina and then revised it as Hurricanes Rita and Wil...

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