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Opportunity Zone 2.0: Beefing Up an Investment Tool

Congress created the Opportunity Zone program as part of the Tax Cuts and Jobs Act of 2017. The initial Qualified Opportunity Zone (QOZ) program offered tax incentives to investors who invested capita

Summary

Congress created the Opportunity Zone program as part of the Tax Cuts and Jobs Act of 2017.

The initial Qualified Opportunity Zone (QOZ) program offered tax incentives to investors who invested capital gains from the sale of assets into a Qualified Opportunity Fund (QOF).

The fund would then put that money toward improving designated economically...

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