RQOF

English

Noun

RQOF (plural RQOFs)

  1. Initialism of rural qualified opportunity fund.
    • 2025 May, “The One, Big, Beautiful Bill”, in United States House Committee on Ways & Means‎[1], page 25:
      Furthermore, this provision simplifies the investment incentives and creates “rural qualified opportunity funds” (RQOFs). Investments made in a QOF receive a single step-up in basis of 10 percent when held for at least five years. In rural areas, investments must be made into a RQOF and will receive a 30 percent step-up in basis when held for at least five years.

Hypernyms

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