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HORNE LLP
was founded on the premise of building strong relationships,
working hard for our clients and not only doing things right,
but doing the right things.
Many things have changed since 1962, but our commitment to the high standards and proven
principles of good business has remained the same.
In fact, it may have become even stronger.
If you do not find the information you are looking for on our web site, please feel free to
email us. We would be delighted to answer your questions. |
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The GO Zone: Federal Tax Redevelopment/Development Incentives In the Aftermath of Hurricane Katrina
In the worst natural disaster of recent history, parts of Louisiana, Mississippi and Alabama were ravaged by Hurricane Katrina. In December 2005
tax legislation was enacted to provide incentives for the redevelopment/development of the Katrina disaster area portions of Alabama,
Louisiana and Mississippi – the Gulf Opportunity Zone or “GO Zone.” The GO Zone geographic area, as shown on the attached maps, is much broader than generally thought. In addition to the devastated coastal areas, the GO Zone
includes larger portions of the affected states which saw comparatively little hurricane damage or disruption to local economies or infrastructure. For example, the GO Zone extends north of Jackson, Miss. and as far as Columbus, Miss. and Tuscaloosa, Ala. In Louisiana, the GO Zone includes not only New
Orleans, but also Baton Rouge. click here.
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Articles for November 2008
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