What’s an IC-DISC and why would you want one?
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Description
Abstract: The interest-charge domestic international sales corporation (IC-DISC) is one of the last remaining opportunities that can provide tax incentives for exporters. Historically, IC-DISCs have been used primarily by private companies, but public companies shouldn’t overlook this potentially significant tax break available through the creation of such a corporation. This article explains how an IC-DISC works and its tax benefits.
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