Qualified Opportunity Zones (QOZ)
QOZs are discrete regions throughout the country that each state has designated as economically disadvantaged and in need of redevelopment.
Qualified Opportunity Funds (QOF)
QOFs are established to provide significant tax incentives to invest in qualified businesses located in Qualified Opportunity Zones.
Qualified Opportunity Business (QOB)
QOBs are businesses with specific types of tangible assets used in a Qualified Opportunity Zone and acquired by the Qualified Opportunity Fund. These businesses qualify to provide the tax incentives of the QOF Fund Program.