IC-DISC: Exploring one of the most underutilized parts of the tax code.
May 18 2020
The current economic situation has brought international trade to the forefront of discussion. This provides a perfect opportunity to review one of the most underutilized tax strategies tailored to generate large savings for U.S. exporters, the IC-DISC. By utilizing what is called an interest charge domestic international sales corporation (IC-DISC) to sell products abroad, U.S. …
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