QOZ
Business & Finance abbreviation · Tax
| Stands for | Qualified Opportunity Zone |
|---|---|
| Categories | Business & Finance |
QOZ stands for Qualified Opportunity Zone, a tax abbreviation.
Low-income census tract designated under a federal program created in 2017, where investors who reinvest capital gains through a Qualified Opportunity Fund (QOF) can defer tax and, after a 10-year hold, exclude all appreciation on the new investment.
Example: The developer raised money from investors looking to park gains in a QOZ fund.
Usage notes
More than 8,700 tracts were designated by state governors in 2018. Studies have found investment concentrated in a minority of zones, often in real estate in neighborhoods that were already improving.
Related abbreviations
More tax abbreviations
- PST – Provincial sales tax
- PTC – Premium tax credit
- PTET – Pass-through entity tax
- PTIN – Preparer Tax Identification Number
- QBI – Qualified business income
- QCD – Qualified charitable distribution
- QSBS – Qualified small business stock
- QSS – Qualifying surviving spouse
- QST – Quebec sales tax
- SALT – State and local taxes
- SDI – State disability insurance
- SDLT – Stamp Duty Land Tax