### Question
How is the "qualified New York Liberty Zone property" defined?


### Answer
The term **qualified New York Liberty Zone property** is defined in *26 U.S.C. § 1400L* as follows -

> given such term by subsection (b)(2), determined without regard to subparagraph (C)(i) thereof.

#### Citation:
  - *26 U.S.C. § 1400L*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter Y-New York Liberty Zone Benefits**

