West Virginia has conformed to the federal tax code since Opportunity Zone legislation was implemented in the IRC, and has adopted its provisions.
West Virginia has designated 55 Qualified Opportunity Zones, which is 65 fewer than the United States median of 120, and 98 fewer than the United States average of 153. These zones are located in 30 different counties, out of a possible 55 total counties that exist within the state. Opportunity Funds can invest in 55% of the counties in West Virginia.
Kanawha and Jefferson County house the largest number of zones within the state at 6, which is 3 higher than the next most represented county in the state.
Simple & Easy to Understand