### Question
Can you define what foreign trade income means?


### Answer
**Foreign trade income** is defined as the following in *26 U.S.C. § 923*:

> the gross income of a FSC attributable to foreign trading gross receipts

#### Citation:
  - *26 U.S.C. § 923*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter N-Tax Based on Income From Sources Within or Without the United States > PART III-INCOME FROM SOURCES WITHOUT THE UNITED STATES > Subpart C-Taxation of Foreign Sales Corporations**

