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enterprise zone business

Defined in 2 places of the United States Code.

Except as modified in this paragraph, the term “enterprise zone business” has the meaning given such term by section 1397B.

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Except as modified in this paragraph, the term “enterprise zone business” has the meaning given such term by section 1397C.

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For purposes of this part, the term “enterprise zone business” means—

(1) any qualified business entity, and

(2) any qualified proprietorship.

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The term “enterprise zone business” has the meaning given to such term by section 1397B, except that—

(A) references to empowerment zones shall be treated as including references to enterprise communities, and

(B) such term includes any trades or businesses which would qualify as an enterprise zone business (determined after the modification of subparagraph (A)) if such trades or businesses were separately incorporated.

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The term “enterprise zone business” includes any trades or businesses which would qualify as an enterprise zone business (determined after the modifications of subparagraph (B)) if such trades or businesses were separately incorporated.

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