White Papers

Investment in federal opportunity zones

Treasury issued long-awaited Proposed Regulations and a Revenue Ruling October 19, 2018, regarding key issues involved with investing in and forming Qualified Opportunity Zone Funds (“OZ Fund”) and the OZ Fund’s investments in Opportunity Zone Businesses (“OZ Business”). Although the Proposed Regulations do not answer all of our key questions, Treasury did provide generally taxpayer friendly guidance to the issues discussed below.