### Question
How does the law define taxable investment income?


### Answer
Under *26 U.S.C. § 834*, **taxable investment income** is defined as:

> the gross investment income, minus the deductions provided in subsection (c)

#### Citation:
  - *26 U.S.C. § 834*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter L-Insurance Companies > PART II-OTHER INSURANCE COMPANIES**

