By David M. Desmarais
By Daniel M. Andrea
By Melissa A Sommer, CFA, CPA
By Paul Oliveira
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.
Contact our team