### Question
What is the definition of export financing interest?


### Answer
The definition of **export financing interest** is as follows in *26 U.S.C. § 904*:

> any interest derived from financing the sale (or other disposition) for use or consumption outside the United States of any property—


(i) which is manufactured, produced, grown, or extracted in the United States by the taxpayer or a related person, and


(ii) not more than 50 percent of the fair market value of which is attributable to products imported into the United States

#### Citation:
  - *26 U.S.C. § 904*
  - 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 A-Foreign Tax Credit**

