What is an IC-DISC?
An Interest Charge – Domestic International Sales Corporation “IC-DISC” provides permanent tax savings opportunity for qualifying exporters.
- An IC-DISC is a statutory entity created by the tax code to incentivize export of U.S. manufactured product through federal tax savings
- By definition a C-Corporation that elects IC-DISC (tax-exempt) status
- Enable individuals to transform income from ordinary tax rates into qualified dividend tax rates