### Question
What does DC Zone partnership interest mean?


### Answer
**DC Zone partnership interest** has the following meaning in *26 U.S.C. § 1400B*:

> 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, 2008, 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**

