Opportunity Zones

A new opportunity for taxpayers under the 2017 U.S. tax law

The 2017 tax reform law added section 1400Z, which allows for the deferral and partial exclusion of gains from the sale or exchange of any asset that is reinvested in a Qualified Opportunity Fund (QOF) that invests in property or businesses located in designated Qualified Opportunity Zones (QOZ). QOZs generally are low-income areas across the United States, the U.S. territories and the District of Columbia. In addition, any further gains generated through an investment in a QOF may be permanently excluded from income if held for at least 10 years.

 

Joseph Scalio

Joseph Scalio

Senior Lead Tax Partner, KPMG US

+1 267-256-2778
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Watch our video to learn the basics about the potential tax benefits for businesses who invest in QOZs

QOZ insights from KPMG

Opportunity Zones – Unlock New Opportunities

September 2019

Report presents insights on the key points of the QOZ program, how to navigate QOF requirements, perspectives on QOF structuring, and more

What Are Businesses Saying about QOZs?

September 2019

Polling results: See how webcast participants responded when asked about potential plans forming and investing in QOZs, following the release of proposed regulations released in the Federal Register on May 1

Opportunity Zone and REITs – The Latest Guidance from Treasury and the IRS

June 24, 2019

Article explains how new opportunity zone provisions apply to REITs

Realty Speak podcast – Latest on QOZ guidance

June 10, 2019

Learn about the latest QOZ program guidance from KPMG's Phil Marra and Demetri Yatrakis in the "must-listen" podcast

A New Path Forward

May 2019

Summary and observations on the proposed QOZ regulations published in the Federal Register on May 1, 2019

Opportunity Zones and Privately Held Companies

December 2018 | Are Opportunity Zones a potentially worthwhile investment for private companies and family offices? Find out in our recent issue of Privately Speaking

QOZs – What's happening?

KPMG's Tax Reform: Developments & Analysis Guide makes it easy to get the latest news

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