Florida has no income tax and does not tax capital gains. Federal tax provisions regarding the dismissal or deferral of capital gains taxes have no effect at the state level.
Florida has designated 427 Qualified Opportunity Zones, which is 307 more than the United States median of 120, and 274 more than the United States average of 153. These zones are located in 67 different counties, out of a possible 67 total counties that exist within the state. Opportunity Funds can invest in 100% of the counties in Florida.
Miami-Dade County houses the largest number of zones within the state at 67, which is 35 higher than the next most represented county in the state.
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