Elliott Davis Decosimo International Services Articles

IC-DISC Update

December 20, 2013 by Kay Biscopink, CPA and Doug Hayes, CPA

For companies exporting from the U.S., the Interest Charged Domestic International Sales Corporation (IC-DISC) is the only significant remaining tax incentive which may provide a permanent tax benefit for exporters. There are two types of IC-DISCs: Commission IC-DISCs and...