### Question
How does Treatment of Qualifying Corporations define export property?


### Answer
Under *26 U.S.C. § 993*, **export property** is defined as:

> property—



(A) manufactured, produced, grown, or extracted in the United States by a person other than a DISC,



(B) held primarily for sale, lease, or rental, in the ordinary course of trade or business, by, or to, a DISC, for direct use, consumption, or disposition outside the United States, and



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

#### Citation:
  - *26 U.S.C. § 993*
  - 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 IV-DOMESTIC INTERNATIONAL SALES CORPORATIONS > Subpart A-Treatment of Qualifying Corporations**

