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Town of Riverhead

 
Town of Riverhead Economic Development Agencies to Host Informational Forum on Opportunity Zones Program
 
Posted on Monday December 02, 2019
 
The Town of Riverhead Industrial Development Agency, Community Development Agency and Chamber of Commerce are excited to announce an Informational Forum on the Federal Opportunity Zones Program.
 

Town of Riverhead Economic Development Agencies to Host Informational Forum on Opportunity Zones Program

WHAT: Informational Forum on the Federal Opportunity Zones Program

WHEN: Friday December 13, 2019

WHERE: Long Island Aquarium and Exhibition Center – Sea Star Ballroom, 431 East Main Street, Riverhead, NY

                                                                                                                                                           

The Town of Riverhead Industrial Development Agency, Community Development Agency and Chamber of Commerce are excited to announce an Informational Forum on the Federal Opportunity Zones Program.

Opportunity Zones are federal income tax incentives designed to spur economic development by allowing taxpayers to defer capital gains by reinvesting those gains into communities that have been specially designated as “qualified opportunity zones” – Riverhead has two zones.  The Town will welcome a panel of experts to discuss the Opportunity Zone Program and other incentives, providing UPDATED INFORMATION on the latest regulations – which were recently revamped to facilitate investment.  Panelists will also discuss potential for layering Opportunity Zone investments with other incentives.

The program will be held on Friday December 13, 2019 at the LI Aquarium and Exhibition Center – Sea Star Ballroom, 431 East Main Street, Riverhead, NY and costs $20 pp and includes a light lunch.

Panelists include: Michael Maturo President & CFO RXR Realty, Philip Marra National Audit Leader & US Funds Leader KPMG LLP and Demetrios Yatrakis Principal, Tax KPMG LLP.  

As seats are limited, please RSVP immediately to 631-727-7600 or www.riverheadchamber.com.

 
 
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