### Question
What does renewal community business mean?


### Answer
**Renewal community business** has the following meaning in *26 U.S.C. § 1400G*:

> any entity or proprietorship which would be a qualified business entity or qualified proprietorship under section 1397C if references to renewal communities were substituted for references to empowerment zones in such section

#### Citation:
  - *26 U.S.C. § 1400G*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter X-Renewal Communities > PART II-RENEWAL COMMUNITY CAPITAL GAIN; RENEWAL COMMUNITY BUSINESS**

