Enterprise Zone Business

Enterprise Zone Business

Enterprise Zone Business means:
a business entity (like a corporation or company), partnership, or proprietorship that:

1. conducts business solely within an empowerment zone or enterprise zone, 2. derives 80% of its income from the active conduct of a qualified business within a zone, and.

3. uses substantially all its property within a zone.

Qualifying businesses must also meet other requirements, generally pertaining to assets, earning income, and employment within the zone.


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