### Question
How is the "qualified capital gain" defined?


### Answer
The term **qualified capital gain** is defined in *26 U.S.C. § 1400B* as follows -

> any gain recognized on the sale or exchange of—



(A) a capital asset, or



(B) property used in the trade or business (as defined in section 1231(b))

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

