Statements (25)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic development program
|
| gptkbp:administeredBy |
gptkb:U.S._Department_of_the_Treasury
|
| gptkbp:appliesTo |
gptkb:United_States
|
| gptkbp:benefitsCommunities |
economic growth
|
| gptkbp:benefitsInvestors |
tax deferral
|
| gptkbp:createdBy |
gptkb:Tax_Cuts_and_Jobs_Act_of_2017
|
| gptkbp:designation |
nominated by state governors and certified by the U.S. Treasury
|
| gptkbp:designationPeriod |
2018-2028
|
| gptkbp:eligibility |
low-income census tracts
|
| gptkbp:firstDesignated |
2018
|
| https://www.w3.org/2000/01/rdf-schema#label |
Qualified Opportunity Zone
|
| gptkbp:investmentVehicle |
gptkb:Qualified_Opportunity_Fund
|
| gptkbp:offers |
tax incentives
|
| gptkbp:purpose |
encourage investment in economically distressed communities
|
| gptkbp:region |
over 8,700
|
| gptkbp:relatedTo |
community development
real estate investment trust business investment |
| gptkbp:statutoryReference |
Internal Revenue Code Section 1400Z-1
Internal Revenue Code Section 1400Z-2 |
| gptkbp:taxIncentiveType |
deferral of capital gains
partial exclusion of capital gains potential exclusion of gains from Opportunity Fund investments |
| gptkbp:bfsParent |
gptkb:Qualified_Opportunity_Fund
|
| gptkbp:bfsLayer |
7
|