Companies with profitable export sales may realize permanent tax savings by utilizing an Interest-Charge Domestic International Sales Corporation (IC-DISC).
For more than 40 years the IC-DISC incentive has provided tax savings to U.S. exporters. If you qualify, Smith and Howard might be able to help you realize a tax savings of up to 19.6 percent by setting up an IC-DISC.
All entity types can utilize a DISC, including:
What is an IC-DISC?
If you have export sales, Smith and Howard can consult with you to identify potential tax benefits of setting up an IC-DISC. Call us at 404-874-6244 or complete the contact form below.
Example of IC-DISC Tax Benefits
This article originally appeared in BDO USA LLP’s “International Tax Practice” brochure. Copyright (c) 2015 BDO USA, LLP. All rights reserved.
If you have any questions and would like to connect with a team member please call 404-874-6244 or contact an advisor below.CONTACT AN ADVISOR
Subscribe to our newsletters to get inside access to timely news, trends and insights from Smith + Howard.