IRS PLR: Qualified Opportunity Fund Self-Certification Election Filing Treated as Timely (IRC §1400Z)

The IRS has published a private letter ruling on I.R.C. §1400Z and Treas. Reg. §§301.9100 and 1.1400Z2, allowing the taxpayer’s Form 8996 election for self-certification as a qualified opportunity fund (QOF) to be treated as timely filed. [PLR 202551039]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.