Notice 2013-38 - Automatic extension of empowerment zone designations through 2013 

May 29:  The IRS today issued an advance release of Notice 2013-38 concerning empowerment zones nominated by state or local governments, and providing a new termination date of December 31, 2013.

Notice 2013-38 [PDF 15 KB] states that any nomination for an empowerment zone that was in effect on December 31, 2009, is deemed to be amended to provide for a new termination date of December 31, 2013, unless:

  • The nominating entity sends written notification to the IRS by July 29, 2013.
  • The written notification affirmatively declines the extension of the empowerment zone nomination through December 31, 2013.

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