### Question
How does NORMAL TAXES AND SURTAXES define debt instrument?


### Answer
Under *26 U.S.C. § 163*, **debt instrument** is defined as:

> given such term by section 1275(a)(1).

#### Citation:
  - *26 U.S.C. § 163*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

