business interest income

(6) Business interest income For purposes of this subsection, the term “business interest income” means the amount of interest includible in the gross income of the taxpayer for the taxable year which is properly allocable to a trade or business. Such term shall not include investment income (within the meaning of subsection (d)).

Source

26 USC § 163(j)(6)


Scoping language

For purposes of this subsection
Is this correct? or