### Question
How does District of Columbia Enterprise Zone define DC Zone partnership interest?


### Answer
Under *26 U.S.C. § 1400B*, **DC Zone partnership interest** is defined as:

> any capital or profits interest in a domestic partnership which is originally issued after December 31, 1997, if—


(A) such interest is acquired by the taxpayer, before January 1, 2010, from the partnership solely in exchange for cash,


(B) as of the time such interest was acquired, such partnership was a DC Zone business (or, in the case of a new partnership, such partnership was being organized for purposes of being a DC Zone business), and


(C) during substantially all of the taxpayer's holding period for such interest, such partnership qualified as a DC Zone business

#### Citation:
  - *26 U.S.C. § 1400B*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter W-District of Columbia Enterprise Zone**

