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Additional Actions Are Needed to Address Qualified Opportunity Zone Fund and Investor Noncompliance

Report Information

Date Issued
Report Number
2022-40-018
Report Type
Audit
Joint Report
Yes
Participating OIG
Treasury Inspector General for Tax Administration
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0
View Report

Recommendations

The Commissioner, Small Business/Self-Employed Division, should until the *********************2********************* are implemented, develop interim processes and procedures to identify and track accounts identified with erroneous Qualified Opportunity Fund (QOF) indicator codes.
rejected recommendation

The Deputy Commissioner for Services and Enforcement should Ensure that additional key data fields from ***************2**************** **************************************************2************************************************** ****2****

The Deputy Commissioner for Services and Enforcement should ensure that additional key data fields from **************2**************** **************************************************2*************************************************