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


### Answer
**Foreign trade income** is defined as the following in *26 U.S.C. § 951*:

> given such term by section 923(b), but does not include section 923(a)(2) non-exempt income (within the meaning of section 927(d)(6)).

#### Citation:
  - *26 U.S.C. § 951*
  - 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 F-Controlled Foreign Corporations**

