Economic News

Economic News

Opportunity Zones spur investment in economically distressed census tracts by reducing capital gains taxes for investors.  As previously reported, most of Easton is located in an Opportunity Zone.  The State of Maryland has layered additional incentives for O-Zone investors, including tax credits for companies that locate or expand in a Maryland Opportunity Zone.  These companies will be eligible for an additional $6 million in tax credits, have 100 percent of their state property taxes exempted, and have all business, recording filing or special fees waived.  https://dhcd.maryland.gov/Pages/OZ/OZ-Conference.aspx

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