This document outlines the definitions and requirements for Qualified Opportunity Zone (QOZ) investments, including the formation and operation of QOZ Funds, QOZ Businesses, and QOZ Business Property. It details the criteria for investors to roll over capital gains into a QOZ Fund, the asset and income tests for compliance, and the restrictions on certain types of businesses. It also explains the conditions under which property is considered QOZ Business Property, including acquisition and improvement requirements.
doj/DataSet10/EFTA01375667.pdf
{"title":"QOZ Definitions and Requirements","document_type":"other","key_organizations":["QOZ Fund"],"reference_numbers":["DB-SDNY-0071223","SDNY_GM_00217407","EFTA01375667"]}