Arizona has conformed to the federal tax code since Opportunity Zone legislation was implemented in the IRC, and has adopted its provisions.
Arizona has designated 168 Qualified Opportunity Zones, which is 48 more than the United States median of 120, and 15 more than the United States average of 153. These zones are located in 15 different counties, out of a possible 15 total counties that exist within the state. Opportunity Funds can invest in 100% of the counties in Arizona.
Maricopa County houses the largest number of zones within the state at 85, which is 57 higher than the next most represented county in the state.
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