Public Comment on U.S. Treasury's Request for Information on Data Collection and Tracking for Qualified Opportunity Zones

Public Comment

Public Comment on U.S. Treasury's Request for Information on Data Collection and Tracking for Qualified Opportunity Zones

Abstract

The Department of Treasury issued a request for information seeking input as it considers data collection and tracking of Opportunity Zone investments. We suggest a set of transaction-level reporting metrics that would answer the “who”, “what”, “when”, “where”, and “how much” of Opportunity Zone investing. Our comment also details the need for data collection not via a tax form to allow for easier public dissemination of data. We suggest that Treasury needs to dedicate staff and attention to ensure transaction-level data collection is complete and high quality, and that this information once collected, is released to the public.

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