Keystone Opportunity Zones (KOZ) and Keystone Opportunity Expansion Zones (KOEZ) are geographic areas that can provide specific state and local tax benefits. The goal of the KOZ/KOEZ program is to revive economically distressed urban and rural communities with one of the most powerful market-based incentives – eliminating taxes.
The tax benefits available under KOZ and KOEZ programs may be available through Dec. 31, 2020. A KOZ/KOEZ is given priority for various state and local community-building assistance programs.