### Question
What is the definition of domestic oil and gas extraction income?


### Answer
The definition of **domestic oil and gas extraction income** is as follows in *26 U.S.C. § 250*:

> income described in section 907(c)(1), determined by substituting "within the United States" for "without the United States"

#### Citation:
  - *26 U.S.C. § 250*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VIII-SPECIAL DEDUCTIONS FOR CORPORATIONS**

