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U.S. Treasury and IRS Provide Guidance on Opportunity Zone Investments in Rural Areas Under the One, Big, Beautiful Bill

|Approved Changes|United States
United States

The U.S. IRS has announced guidance on Opportunity Zone investments in rural areas under the One, Big, Beautiful Bill.

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Treasury, IRS provide guidance for Opportunity Zone investments in rural areas under the One, Big, Beautiful Bill

WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued guidance on Qualified Opportunity Zone investments in rural areas as provided for under the One, Big, Beautiful Bill.

In 2018, certain economically distressed censu…