de minimis amount of property,
The term de minimis amount of property, used in paragraph (d)(4)(i) of this section, means less than 5 percent of the net rentable square feet for real property and less than 5 percent of the value for all other tangible property. The term de minimis amount of gross income, used in paragraph (d)(4)(ii) of this section, means less than 5 percent of the gross income of the qualified opportunity zone business may be attributable to the types of business described in section 144(c)(6)(B).
used inparagraph (d)(4)(i)of this section, means less than 5 percent of the net rentable square feet for real property and less than 5 percent of the value for all other tangible property. The termde minimis amount of gross income,used inparagraph (d)(4)(ii)of this section, means less than 5 percent of the gross income of the qualified opportunity zone business may be attributable to the types of business described in section 144(c)(6)(B).
used inparagraph (d)(4)(ii)of this section, means less than 5 percent of the gross income of the qualified opportunity zone business may be attributable to the types of business described in section 144(c)(6)(B).