IRS Issues Private Letter Ruling Granting Extension for Late QOF Self-Certification Filing

The IRS issued a private letter ruling on I.R.C. §1400Z and Treas. Reg. §301.9100, granting the taxpayer an extension of time to file Form 8996 for self-certification as a qualified opportunity fund (QOF), allowing the late-filed form to be considered timely for the first year of operation. [PLR 202609010]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.