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How can tribal governments benefit from Opportunity Zones?


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  • Blake Christian
    June 12, 2019

    I suspect they would not be a federal taxpayer, so most of the benefit would come in the form of economic development on the tribal lands. This is certainly attracting interest from developers, and if any OZ census tracts end up being within their tribal boundaries, this will make the project more attractive.

  • Maria De Los Angeles Rivera

    Maria De Los Angeles Rivera

    Kevane Grant Thornton
    June 11, 2019

    There are no special rules for tribal governments. I am no expert on the topic, but it seems that the possibility of leased property being qualified helps these entities.

  • David LeGrand

    David LeGrand

    LeGrand Legal
    June 11, 2019

    Since governments pay no income tax, there is no direct benefit to a tribal government, other than if the tribal government had equity in one or more business entities receiving investment from a Qualified Opportunity Fund. If then, the government could benefit. And the government could benefit from the leasing of tribal land/buildings for use by one or more Qualified Opportunity Zone business entities.

  • Brett Siglin

    Brett Siglin

    Jennings Strouss & Salmon
    June 10, 2019

    Tribal governments can benefit from Opportunity Zones through utilization of the ground lease structure.

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