The Tax Cut and Jobs Act of 2017 created of opportunity zones, intended to stimulate the economy in low-income areas. It provides financiers and entrepreneurs with significant incentives to invest in qualified zones.

Section 1400Z-1 provides procedural rules for designating qualified opportunity zones and related definitions.

Section 1400Z2 Special rules for capital gains invested in opportunity zones. 

IRS resource for rorm 8996 to certify that the corporation or partnership is a qualified opportunity fund.

IRS Opportunity Zones Frequently Asked Questions