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By Daniel M. Andrea
By Mitchell S. Halpern
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The IC-DISC rules can be highly complex. However, your business could reduce its US tax by 50% or more on export sales.
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through the our connection with the Leading Edge Alliance (LEA)
The US Tax Code includes significant (and highly underutilized) tax incentives for US-based manufacturers who are exporting their products overseas. Specifically, your business may benefit from IC-DISC (Interest Charge Domestic International Sales Corporation) planning.
The IC-DISC rules can be highly complex. However, with the right set of facts, your business could reduce its US tax by 50% or more on export sales.
KLR can help you unlock this potential value by assisting you in evaluating your company’s specific facts and, if appropriate, work with you on implementation of this powerful tax incentive.
By Francheska Pimentel
By Brad Lombardi, J.D., LL.M