Opportunity zone definition

Opportunity zone means a designated qualified opportunity zone in the State of Wisconsin under Internal Revenue Code § 1400Z-1.

Opportunity zone means a qualified opportunity zone as defined by 26 U.S.C.

Opportunity zone means a federal population census tract in this State that was eligible to be designated as a qualified opportunity zone pursuant to 26 U.S.C. s.1400Z-1 as may be amended.

Examples of Opportunity zone in a sentence

• Some aspects of the Treasury Department’s Qualified Opportunity Zone rules remain uncertain.

• There can be no guarantee that the OZ Fund will qualify under the Qualified Opportunity Zone rules as a Qualified Opportunity Zone fund, that we will be a qualifying investor under the Qualified Opportunity Zone rules, or that we will be able to realize, through our investment in the OZ Fund, any of the desired potential tax benefits.

• Moreover, additional legislation or guidance may provide that due to the opportunity zone fund’s structure, investment strategies and/or practices (or otherwise), the OZ Fund will be unable to qualify as a Qualified Opportunity Zone fund or provide the Company with the anticipated tax benefits.

• Generally, we must hold our interest in a Qualified Opportunity Zone for at least 10 years to qualify for the maximum tax benefits permissible under the Qualified Opportunity Zone rules.

• Technical corrections legislation may be needed to clarify certain of the provisions in the Qualified Opportunity Zone rules and to give proper effect to Congressional intent.

More Definitions of Opportunity zone

Opportunity zone means a federal population census tract in

Opportunity zone means a census tract in an area of the host locality meeting the eligibility

Opportunity zone means an area that has been designated as a qualified

Opportunity zone means one or more census tracts in which, according to the most recent federal decennial census, at least thirty percent (30%) of the residents have annual gross household incomes from all sources below the poverty guidelines established by the U.S. Department of Health and Human Services.

Opportunity zone means an area that has been designated as a qualified opportunity zone in the State under § 1400Z–1 of the Internal Revenue Code.

Opportunity zone means the low-income census tracts located in West Virginia receiving

Opportunity zone means an area that has been designated as a qualified 770 opportunity zone in the state under Section 1400Z-1, Internal Revenue Code.