### Question
How does ADDITIONAL INCENTIVES FOR EMPOWERMENT ZONES define nonqualified financial property?


### Answer
Under *26 U.S.C. § 1397C*, **nonqualified financial property** is defined as:

> debt, stock, partnership interests, options, futures contracts, forward contracts, warrants, notional principal contracts, annuities, and other similar property specified in regulations

#### Citation:
  - *26 U.S.C. § 1397C*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter U-Designation and Treatment of Empowerment Zones, Enterprise Communities, and Rural Development Investment Areas > PART III-ADDITIONAL INCENTIVES FOR EMPOWERMENT ZONES > Subpart D-General Provisions**

