Utah automatically conforms to federal tax code as it is amended, and has fully adopted new Opportunity Zone legislation.
Utah has designated 46 Qualified Opportunity Zones, which is 74 fewer than the United States median of 120, and 107 fewer than the United States average of 153. These zones are located in 18 different counties, out of a possible 29 total counties that exist within the state. Opportunity Funds can invest in 62% of the counties in Utah.
Salt Lake County houses the largest number of zones within the state at 15, which is 10 higher than the next most represented county in the state.
Simple & Easy to Understand