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Will Puerto Rico revise its local tax incentive program for opportunity zones by mid-2025?
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Puerto Rico Expands Local Tax Incentives for Chick-fil-A in Opportunity Zones
Oct 7, 2024, 02:19 PM
Puerto Rico is increasing local tax incentives for opportunity zone projects, including a major expansion by Chick-fil-A Inc. This move is seen as unusual by tax policy analysts, as the program is typically intended to spur economic development in low-income areas. The local tax incentives aim to attract more investments to these zones.
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