Recently, more companies in the manufacturing industry are becoming involved in foreign transactions, including exporting. However, many are not aware that they can improve their cash flow and reduce their U.S. tax liability through the use of the IC-DISC …
If you’re a company with foreign sales, one suggestion for tax relief is setting up an IC-DISC.
What is an IC-DISC?
The Interest-Charge Domestic International Sales Corporation, more commonly known as the IC-DISC, is an export incentive available …
