• Joseph Callero

An Interest-Charge Domestic International Sales Corporation regime, known as an IC-DISC, is a federal tax export incentive regime. Under the regime, U.S. companies that export goods and services to foreign countries are permitted to enjoy certain benefits, provided certain conditions are met. An IC-DISC creates the opportunity to tax a portion of export-related profits at lower tax rates and to potentially defer export-related income to future tax years.
Read more...