26 USC 6039L - Information required from qualified opportunity zone businesses and qualified rural opportunity zone businesses

U.S Code last checked for updates: Aug 18, 2025

§ 6039L.

Information required from qualified opportunity zone businesses and qualified rural opportunity zone businesses

(a)

In general

(b)

Applicable qualified opportunity zone business

For purposes of subsection (a), the term “applicable qualified opportunity zone business” means any qualified opportunity zone business—

(1)

which is a trade or business of a qualified opportunity fund,

(2)

in which a qualified opportunity fund holds qualified opportunity zone stock, or

(3)

in which a qualified opportunity fund holds a qualified opportunity zone partnership interest.

(c)

Other terms

(d)

Application to qualified rural opportunity businesses

Every applicable qualified rural opportunity zone business (as defined in subsection (b) determined after application of the substitutions described in this sentence) shall furnish the written statement required under subsection (a), applied—

(1)

by substituting “qualified rural opportunity” for “qualified opportunity” each place it appears, and

(2)

by treating any reference (after the application of paragraph (1)) to qualified rural opportunity zone stock, a qualified rural opportunity zone partnership interest, or a qualified rural opportunity zone business as stock, an interest, or a business, respectively, described in subclause (I) or (II), as the case may be, of section 1400Z–2(b)(2)(C)(i).

(Added Pub. L. 119–21, title VII, § 70421(d)(1), July 4, 2025, 139 Stat. 229.)

cite as: 26 USC 6039L