diff --git a/.coveragerc b/.coveragerc
deleted file mode 100644
index be3db019d85c..000000000000
--- a/.coveragerc
+++ /dev/null
@@ -1,8 +0,0 @@
-[run]
-branch = True
-source = nova
-omit = nova/tests/*
-concurrency = eventlet
-
-[report]
-ignore_errors = True
diff --git a/pyproject.toml b/pyproject.toml
index b58b3f3d0576..4550b30511c7 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -115,6 +115,15 @@ skip = "*.po,*.js,*.css,*.html,*.svg,HACKING.py,*hacking*,*build*,*_static*,doc/
 count = true
 quiet-level = 4
 
+[tool.coverage.run]
+branch = true
+source = ["nova"]
+omit = ["nova/tests/*"]
+concurrency = ["eventlet"]
+
+[tool.coverage.report]
+ignore_errors = true
+
 [tool.mypy]
 python_version = "3.10"
 show_column_numbers = true
diff --git a/tox.ini b/tox.ini
index 45149bcac85b..0e0c3133a8cc 100644
--- a/tox.ini
+++ b/tox.ini
@@ -214,10 +214,6 @@ commands =
   oslopolicy-sample-generator --config-file=etc/nova/nova-policy-generator.conf
 
 [testenv:cover]
-# TODO(stephenfin): Remove the PYTHON hack below in favour of a [coverage]
-# section once we rely on coverage 4.3+
-#
-# https://bitbucket.org/ned/coveragepy/issues/519/
 setenv =
   {[testenv]setenv}
   PYTHON=coverage run --source nova --parallel-mode