Share with your friends

Final regulations for opportunity zones are released to Federal Register

Final regulations for opportunity zones

The U.S. Treasury Department and IRS this afternoon released for publication in the Federal Register final regulations (T.D. 9889) under section 1400Z-2, regarding rules for investments in opportunity zones.


Related content

Read the final regulations [PDF 831 KB] (136 pages)—this is the version of the regulations as ultimately published in the Federal Register on January 13, 2020.

Read TaxNewsFlash providing initial impressions and observations about the opportunity zone regulations (this report of initial impressions is based on a version of the regulations released in advance by the IRS on December 19, 2019).

Advance version of final regulations

The IRS and Treasury on December 19, 2019, released a version of these final regulations and posted that version of the regulations on the IRS website. The December 19 version of the final regulations included the following statement:

This document will be submitted to the Office of the Federal Register (OFR) for publication. The version of the final rule released today may vary slightly from the published document if minor editorial changes are made during the OFR review process. The document published in the Federal Register will be the official document.

Read a computer-generated document (final regulations) [PDF 1.4 MB] that compares the version of the final regulations submitted today to the Federal Register against the version previously released by the IRS on December 19, 2019. This is an unofficial document produced by KPMG that is intended to show what changes, if any, have been made to the final regulations prior to release to the Federal Register for publication. This document has not been reviewed for accuracy.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal