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  IC-DISC

Published: June 10, 2014
Last Revised: June 10, 2014

What is an IC-DISC? The Interest Charge-Domestic International Sales Corporation (IC-DISC) is a tax saving vehicle for U.S. exporters. Eligible U.S. companies can recoup or exceed their tax savings on exported product (and in some cases services) revenue by creating an IC-DISC.

Qualified exporters can receive a permanent tax savings of 20 percent or more on Federal income tax from export profits by utilizing an IC-DISC.

If you are unsure if your company is eligible to set up an IC-DISC to take advantage of tax savings, ask the following questions:

  1. Do you have any transactions outside of the U.S.?
  2. Do you use overseas distribution?
  3. Does your product cross any borders?
  4. Are you generating operating income?

If the answer to any of these is yes, an IC-DISC may be a valuable tax savings option for your business.

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