IRS: Information Reporting Regarding Qualified Opportunity Zones and Updated Qualified Opportunity Fund Certification and Decertification Procedures

Federal Register

Sep 11, 2026

Notice of proposed rulemaking from the Internal Revenue Service (IRS) proposing regulations regarding qualified opportunity zones and opportunity funds. Among other things, the proposed regulations would implement new statutory requirements for qualified opportunity funds to file information returns with the IRS and for qualified opportunity zone businesses to furnish statements to qualified opportunity funds that hold interests in them, would clarify the qualified opportunity fund self-certification rules and provide procedures for qualified opportunity funds to revoke inadvertent certifications or voluntarily decertify. Comments are due by October 16, 2026. The IRS will also hold a public hearing on the proposed regulations on November 5, 2026, at 10:00 a.m. Eastern. Requests to attend the hearing are due by November 3, 2026.

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